In late 2012 the World Bank announced its first lending to Burma in over 20 years. The concern among many grassroots activists, however, is that the areas to which this money will be funnelled are still in the earliest stages of the peace process, and that huge influxes of money will undermine efforts for sustainable peace.
Myanmar
Accountability
News
World Bank returns to Burma amid criticism
After leaving over suspended debt repayment in the late 1980s, the Bank officially returned to Burma, also known as Myanmar, in early August.
Accountability
Background
IFI re-engagement in Burma
Minutes of Burma and IFIs meeting, Washington DC, 18 April 2012
Accountability
News
IFIs must "engage with the Burmese people"
Civil society groups from Burma have written to the heads of the IMF and World Bank requesting that the IFIs involve grass roots actors in their newly revived activities in Burma and that their operational policies "guarantee maximum transparency, accountability, social inclusiveness and safeguards".
