World Bank Set to Restart Aid to Myanmar Reply

Reposted from The Wall Street Journal
By Patrick Barta

The World Bank said it was making plans to resume aid to Myanmar after cutting off new lending to the country some 25 years ago, marking the latest major milestone in Myanmar’s rapprochement with the Western world. More…

WB to lend $4.2bln to Vietnam Reply

Reposted from Tuoitrenews

The World Bank (WB) has pledged to provide Vietnam with a $4.2 billion loan in 2012-2016 period, according to a recent deals between WB and Vietnamese Ministry of Planning and Investment.

The lending aims at supporting reforms and key investments for Vietnam’s successful transition process into a middle-income country, according to WB’s Country Partnership Strategy (CPS). More…