[Date Prev][Date Next][Thread Prev][Thread Next][Date Index
][Thread Index
]
NEWS - Japan Provides More Aid to M
Japan Provides More Aid to Myanmar
Xinhua
04-SEP-98
YANGON (Sept. 4) XINHUA - Japan has extended to Myanmar a
grant-in-aid of 2 billion yen (15 million U.S. dollars) for
debt relief,
according to a press release of the Japanese Embassy here
Friday.
Notes to this effect were exchanged on the same day here
between
the two sides.
The grant-in-aid was extended to relieve the burden of debt
the
Myanmar government owes to the Japanese government, the
press
release said.
Japan, one of the major donors of Myanmar, has extended 20
grants-in-aid for debt relief to the country.
According to official statistics, Japan's investment in
Myanmar
reached 206 million dollars in 17 permitted projects at the
end of April
this year, ranking ninth among 23 countries or regions which
have a
total of 7 billion dollars of investment in the country.