World Bank Report: Analysis of Poverty in Myanmar

Key Findings of the Myanmar Poverty Assessment Two main messages were delivered in Part One (MOPF and World Bank, 2017a): Living standards have improved and poverty has declined between 2004/05, 2009/10 and 2015. The joint technical analysis recommended rebasing and revising the poverty measure first established in 2004/04 to reflect the needs of Myanmar’s population […]

World Bank: Myanmar Poverty Assessment 2017

Key Findings A joint assessment prepared by the Ministry of Planning and Finance and the World Bank finds that living standards have improved and poverty declined between 2004 to 2015. Poverty steadily declined from 32.1% in 2004 to 25.6% in 2009 to 19.4% in 2015, using the method put forward in the Integrated Household and […]

DVB talks to Vikram Kumar, IFC

Vikram Kumar, the Resident Representative for the International Finance Corporation (IFC) in Myanmar, spoke to DVB Interview International’s Alex Bookbinder about IFC investments in Yoma Bank and Shangri-La hotels. The IFC, which is part of the World Bank Group, are financing several major infrastructure projects in Myanmar. One major investment is US$75 million in funds […]

ADB to assist on poverty alleviation and HIV prevention projects

Asia Development Bank (ADB) has signed an agreement with the Myanmar government, with cash funding provided by the Japanese government, to carry out poverty alleviation and HIV prevention projects for rural people, according to bank officials. “The cash assistance for the livelihood of rural people is aimed at poverty reduction and community-based development,” said Putu […]