The World Bank expressed serious concern about the situation in Myanmar and the military takeover on Monday, warning that these events may cause major setbacks to the country’s transformation and development prospects.
“We are concerned about the safety and security of the people of Myanmar, including our staff and partners, and are disturbed by the closure of communication channels within Myanmar and outside the country,” the World Bank issued a statement.
The statement pointed out that for the past decade, the World Bank has been a firm partner in Myanmar to support the country’s transition to democracy and its efforts to achieve broad and sustainable growth and increase social inclusion.
According to the report, the World Bank’s website lists the Bank’s $900 million loan commitment to Myanmar in 2020, compared with $616 million in 2017.
The World Bank is concerned about the situation in Myanmar and warns of its development at risk.
February 2 According to Reuters on the 2nd, the World Bank issued a statement on the 1st, expressing serious concern about the current situation in Myanmar and warning that this incident risks hindering Myanmar’s smooth political transition and affecting its development prospects.
In a statement, the World Bank expressed concern about the volatile situation in Myanmar.
“We are paying attention to the security situation of people in Myanmar, including our employees and partners.
In addition, we are also very worried about the interruption of communication in Myanmar.
In the early morning of February 1st local time, Myanmar President Wen Min, State Senior Government Daw Aung San Suu Kyi and many senior officials of the ruling NLD were detained by the military, and large-scale communication was interrupted in many cities such as Yangon and Naypyidaw in Myanmar.
The Myanmar military then declared the start of a one-year state of emergency, the transfer of state power to the commander-in-chief of the National Defense Force, and announced a large-scale restructuring of the current government in Myanmar, and also said that after the end of the national emergency, Myanmar will hold new elections.