World Bank approves $560 million loan for Myanmar’s power plan

YANGON (REUTERS) – The World Bank has approved US$400 million (S$560 million) in interest-free credit to support Myanmar’s moves to boost electricity access across one of Asia’s poorest and least-connected countries. The loan provided by the bank’s International Development Association (IDA) covers financing and technical assistance for a National Electrification Plan, which seeks to power […]