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World Bank is taking an “extra cautious” stance in Myanmar

World Bank is taking an “extra cautious” stance in Myanmar

By Mizzima Fri, February 19, 2021

The World Bank is taking an “extra cautious” stance toward future engagement with Myanmar but is continuing to execute existing projects there, World Bank President David Malpass said on Thursday, Reuters reported.

Malpass told reporters that the multilateral development lender has no new Myanmar projects in the pipeline and will be looking for guidance from its shareholders as to how to move forward.

http://mizzima.com/article/world-bank-taking-extra-cautious-stance-myanmar

SOURCE: MIZZIMA, MYANMAR Fri, February 19, 2021

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