A Third of Myanmar’s Population Living in Poverty

NAYPYITAW — About 32 percent of Myanmar’s 50 million population, or 15.8 million people, are living in poverty, according to an assessment of the 2015 Myanmar Poverty and Living Conditions Survey. The new report, compiled jointly by the Ministry of Planning and Finance and the World Bank, is the second of the two-part Myanmar Poverty Assessment and […]

World Bank Pledges Ongoing Development Support for Burma

RANGOON — The World Bank’s vice president for East Asia and the Pacific pledged to continue development support for Burma, according to a statement released on Monday following a meeting in Naypyidaw with Aung San Suu Kyi. In the statement, Axel van Trotsenburg reaffirmed the World Bank’s strong partnership with Burma as it endeavors to […]