Japan To Forgive $3.7 Billion Of Myanmar's Debt


TOKYO - Japan says it will forgive about 300 billion yen ($3.7 billion) of Myanmar's debt as a way to support the country's democratic and economic reforms.

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  • Japan to forgive Myanmar's debt
    NAYPYITAW, Myanmar, Jan. 3 (UPI) -- Japan will write off almost $6 billion in Myanmar's debt and provide a new loan of about $600 million, Finance Minister Taro Aso said Thursday. Aso made the announcement after a meeting with Myanmar President Thein Sein ...
    01/3/2013 - 9:17 am | View Link
  • Japan to forgive $4.7b Myanmar debt
    Noda also agreed to forgive 303.5 billion yen (S$4.7 billion) of Myanmar's debt and overdue charges in two stages, according to Japanese government officials. The extension of yen loans to Myanmar was suspended in 1987, the year before a military coup ...
    04/22/2012 - 9:00 pm | View Link
  • Thein Sein Wins Japan Backing for Myanmar Infrastructure Efforts
    Myanmar’s President Thein Sein returns home with the support needed to resume financing ports, bridges and roads after winning a debt forgiveness deal from Japan, the Southeast Asian nation’s biggest creditor Japan will forgive 303.5 billion yen ($3.7 ...
    04/22/2012 - 1:19 pm | View Link
  • Japan to Forgive Myanmar Debt to Support Reform
    TOKYO (AP) — Japan said Saturday that it would take steps to forgive about 300 billion yen, or $3.7 billion, of Myanmar’s debt and resume full-fledged development aid as a way to support the country’s democratic and economic reforms. The government ...
    04/21/2012 - 3:58 pm | View Link
  • Japan to forgive $3.7 billion of Myanmar's debt
    Japanese Prime Minister Yoshihiko Noda, left, listens as Myanmar's President Thein Sein speaks to the media after their meeting in Tokyo on Saturday, April 21, 2012. TOKYO (AP) - Japan said Saturday it will take steps to forgive about 300 billion yen ($3.7 ...
    04/21/2012 - 2:23 pm | View Link
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