Myanmar Japan Sign Exchange of Note

[brelief@xxxxxxx]

                                   INFORMATION SHEET 
NO.A-0329(I)	                       25th February 1998


	Myanmar Japan Sign Exchange of Notes on Debt Relief

	Minister for Finance and Revenue and Ambassador of Japan signed an exchange
of notes on debt relief at the ministry on 24 February. Japanese Government was
to grant Y 2 billion as debt relief to the Myanmar Government which repaid the
amount for the loan in February. The grant was the 19th of its kind granted by
the Japanese Government as debt relief assistance. The cash assistance will be
spent on purchasing machinery and equipment, raw materials and accessories for
the ministries and organizations.
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