Bridge Loans to the Republic of the Union of Myanmar

Promoting Medium-Long Term Development of Myanmar through Supporting Its Return to the International Financial Market

The Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Okuda) provided bridge loans (short term bridging loans) with the Republic of the Union of Myanmar on January 17, about 512 million U.S. dollars to clear the arrears of past loans from the Asian Development Bank (ADB), and on January 25, 430 million U.S. dollars to also clear the arrears of past loans from the International Development Association (IDA), one of the World Bank Group […]