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JAN 27, 2013 - San Francisco Chronicle

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Deal signed to clear Myanmar debt, allow new loans

Deal signed to clear Myanmar debt, allow new loans Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 7:57 pm, Sunday, January 27, 2013 The bank's Washington headquarters said in a statement Sunday that the Japan Bank for International Cooperation, the country's overseas development bank, will provide a bridge loan to Myanmar to cover outstanding debt to the World Bank and the Asian Development Bank, which totals about $900 million. In November, it ... Read More

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