World Bank Should Promote Human Rights in Burma, NGOs Say

RANGOON — Human Rights Watch (HRW) and Burmese civil society organizations have urged the World Bank Group to put human rights at the center of its new Burma country strategy.

They said the bank should encourage an improvement in respect for rights within the Burmese government, while also ensuring that its development projects do not exacerbate ethnic conflict and the land rights’ situation […]

Press Release: IFC Should Postpone Burma Investment

(Washington, D.C) – US Campaign for Burma (USCB) calls on the World Bank Group’s International Finance Corporation (IFC) to ensure that IFC investments in Burma are oriented toward poverty alleviation, and to prioritize safeguards and transparency. Three out of the IFC’s five projects in Burma involve the construction of upscale hotels, and the most recently proposed IFC project will excuse the Burmese client, Yoma Bank, from implementing basic due diligence and safeguards […]