Asian Development Bank & Myanmar FACT SHEET

Description: 

"Myanmar joined the Asian Development Bank (ADB) in 1973, but it has not received direct assistance in more than 20 years. ADB?s last loan and technical assistance projects for Myanmar were approved in 1986 and 1987, respectively. ADB continues to monitor economic developments in Myanmar, and will formulate an operational strategy when appropriate. Myanmar is a participating member of the Greater Mekong Subregion Economic Cooperation Program (GMS Program), the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), and the Association of Southeast Asian Nations (ASEAN). Myanmar participates in regional meetings and workshops along with other GMS and ASEAN member countries. ADB has maintained close coordination with the International Monetary Fund, the World Bank, and the United Nations Development Programme, with an emphasis on assessing the government?s economic reform program and recommended policy actions. ADB liaises with Myanmar?s major bilateral donors regarding the status of their assistance programs. ADB cooperates with civil society organizations to strengthen the effectiveness, quality, and sustainability of the services it provides. To this end, ADB regularly shares its experiences and expertise with international nongovernment organizations that are undertaking development activities in Myanmar..."

Source/publisher: 

Asian Development Bank (ADB)

Date of Publication: 

2011-12-31

Date of entry: 

2012-11-28

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

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