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 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 ...
    08/20/2014 - 10:33 pm | View Link
  • Japan forgives debt, boosts aid to Myanmar
    Japan agreed a year ago to forgive $US1.74 billion ($176.1 billion yen) in arrears owed to it by Myanmar's government. It says Myanmar has now met the necessary conditions, including a series of political and economic reforms. "Since both governments ...
    05/26/2013 - 11:15 pm | View Link
  • Japan unveils huge aid and loans deal for Myanmar
    Japan also confirmed it would forgive 176.1 billion yen of Myanmar's debts - the final portion of the 300 billion yen that Tokyo pledged in April 2012 to cancel. The move was contingent on further reforms. "In support of the development of Myanmar and ...
    05/26/2013 - 5:08 pm | View Link
  • Japan PM holds talks with Myanmar's Thein
    JAPAN'S premier has met Myanmar's President Thein Sein for talks at which he is expected ... Tokyo has already made huge strides, last year vowing to forgive 300 billion yen ($3.4US billion) of the 500 billion yen owed by Myanmar. "Japan's investments ...
    05/25/2013 - 5:32 pm | View Link
  • Japan to start waiving most of Myanmar's $6.4 bln debt next year
    TOKYO (Reuters) - Japan said it will start waiving most of Myanmar’s debt arrears of more ... Out of some 300 billion yen to be written off, Japan will first waive 127 billion in January and expects to forgive further 176 billion yen by April, Japanese ...
    10/10/2012 - 1:00 pm | View Link
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