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30 Jan 2013 description

Lack of Access to Finance in Myanmar Highlights Need to Develop Microfinance Sector in Support of Economic Growth, IFC/CGAP Study Finds

For IFC in Hanoi:
Chu Van Anh
Phone: +844 3824-7892
E-mail: canh1@ifc.org

25 Jan 2013 description

In Hanoi:vv Chu Van Anh
Phone: (844) 3937 8745
E-mail: canh1@ifc.org

Yangon, Myanmar, January 23, 2013 – IFC, a member of the World Bank Group, today announced its first investment in Myanmar to set up a new microfinance institution that aims to provide loans to more than 200,000 people – mostly micro and small businesses run by women – by 2020.

02 Nov 2012 description

WASHINGTON, November 1, 2012 – A new Interim Strategy for Myanmar was endorsed today by the World Bank Group’s Board of Directors reaffirming support for reforms to improve the lives of the people of Myanmar. The Strategy will guide the World Bank Group’s work in the country for the next 18 months, focusing on accelerating poverty reduction by helping reform institutions to deliver better services to people during this critical transition period.