Home Insider Insider News World Bank Denied a False Report of Suspending Myanmar Projects

World Bank Denied a False Report of Suspending Myanmar Projects

The World Bank has denied a report that it has stopped approving projects in Myanmar in order to pressure to peacefully repatriate displaced Rohingya to Rakhine State.

“We have no plans to halt ongoing projects in Myanmar. We confirm that we will continue to support new projects in Myanmar, especially in Rakhine State,” said Kyaw Soe Lynn, the World Bank’s Myanmar communications officer.

The false report quoted Bangladesh Finance Minister AMA Muhith’s speech after his meeting with World Bank Group president Jim Yong Kim in Dhaka. Bangladesh’s The Independent media reported that false news. This report spread rapidly on social media because local media in Myanmar translated and posted it on social media.

The World Bank promised to provide $480 million to Bangladesh to support its Rohingya assistance operations.