"...In describing the country context in which the Bank?s re-engagement with Myanmar is taking place, the ISN reviews the significant and far-reaching changes that have taken place in Myanmar over the past 18 months, including the political and civil reforms (the release of political prisoners, the progress in ceasefire negotiations with non-state armed groups, the release of Daw Aung San Suu Kyi and the re-entry of her National League for Democracy Party into the country?s political system) as well as the important economic reforms have been undertaken, including floating of the currency, legalization of trade unions, tax reform and forthcoming legislation on foreign investment and banking reform, while acknowledging remaining challenges in each of these areas. The ISN describes Myanmar as embarking on a triple transition: from an authoritarian military system to democratic governance; from a centrally-directed economy to market-oriented reforms; and from 60 years of conflict to peace in the border areas. These transitions offer hope to the people of Myanmar for better, safer and more productive lives, but also pose the risk that setbacks in one of the transitions will affect the others. The proposed program of the World Bank Group (WBG) will thus focus on activities that can support the success of these three transitions and prepare the way for the resumption of a full country program..."