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PRESS RELEASE July 4, 2018

World Bank Vice President Confirms Continued Support for Peace, Social Inclusion and Economic Transition in Myanmar

YANGON, July 4, 2018 - World Bank Vice President for East Asia and Pacific Ms. Victoria Kwakwa will visit Myanmar from July 8 to 10.  The purpose of the visit is to discuss with the State Counsellor Daw Aung San Suu Kyi and other high-ranking government officials as well as relevant stakeholders the Bank’s partnership with Myanmar, and in particular, the priorities for programming of resources from the International Development Association for investments to enhance social inclusion and foster peace within Myanmar.

To foster peace in all States and Regions, the World Bank remains engaged to support Myanmar’s historic transition consistent with government priorities, with an increased focus on social inclusion in conflict areas. New programming, among other things, will seek to build peaceful and prosperous communities across the country, notably in Rakhine State, and support the Government in implementing the Memorandum of Understanding with UNHCR and UNDP and the recommendations of the Annan Commission Report on Rakhine State. 

Since its re-engagement in Myanmar in 2012, The World Bank has committed US$2 billion in soft financing to support economic transition and peace building. Investments have focused particularly on improving school enrollment and learning outcomes, strengthening basic health services, extending rural electrification, increasing agricultural productivity and enhancing management of public resources.  


Contacts

Yangon
Kyaw Soe Lynn
+95 9 782789400
klynn@worldbank.org
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