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Home News Burma

Japan’s Abe Offers $1 Billion in Rural Aid to Myanmar’s State Counselor

Reuters by Reuters
November 15, 2017
in Burma
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Japan’s Prime Minister Shinzo Abe. / Reuters

Japan’s Prime Minister Shinzo Abe. / Reuters

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TOKYO — Japan’s Prime Minister Shinzo Abe on Tuesday pledge up to 117 billion yen ($1.03 billion) of development aid to Myanmar in a meeting in Manila with government leader Daw Aung San Suu Kyi.

The package of low-interest loans will be used to fund projects including infrastructure and small company financing meant to help improve rural incomes, Japan’s Ministry of Foreign Affairs said in a release.

The aid pledge comes as Myanmar comes under intense criticism from human rights groups, the United Nations and other countries for a counter-insurgency operation that has sparked an exodus of more than 600,000 Rohingya Muslims to Bangladesh since August.

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