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The United Nations warned Friday that far too little aid is reaching cyclone-hit areas of Myanmar and the country could face a major food crisis soon if farmers are unable to plant crops. “The ...
In December, the World Bank had projected Myanmar's economy would grow by around 2% during the current fiscal year, after estimated GDP growth of 1% in the year that ended in March 2024. "The ...
On October 12, 2017, the World Bank Group posted a press release expressing their concern in regards to the violence and forced displacement that have been actively used against the Rohingya. They emphasize that the main focus of the projects will focus on improving education, health services, electricity, and ethnic/religion inclusion.
Afghanistan is a World Bank Group member country. It has received financial support from the organization since 2002. The World Bank provides loans and grants to support its development and reconstruction efforts. The bank aims to help Afghanistan with matters such as poverty reduction, infrastructure development, education, and governance.
He said the situation in Myanmar has further deteriorated since he met with ASEAN leaders in a 2022 summit, and again called on the crisis-wracked country’s military-installed government to ...
The economy of Myanmar is the seventh largest in Southeast Asia. [6] After the return of civilian rule in 2011, the new government launched large-scale reforms, focused initially on the political system to restore peace and achieve national unity and moving quickly to an economic and social reform program. [7]
The World Bank announced a new $12 billion fund to address the food crises. [24] [25] In May 2022, Máximo Torero, chief economist at the U.N. Food and Agriculture Organization, warned European politicians that if they move away from natural gas production too soon, the price of fertilizers will rise and more people in the world will suffer ...
Myanmar has become the world’s biggest producer of opium, overtaking Afghanistan after the ruling Taliban imposed a ban on poppy cultivation, according to a new United Nations report.