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How Good Burma Being Least Develo



Subject: How Good  Burma  Being Least Developed?

JAPAN TO GIVE 4 BILLION YEN DEBT-RELIEF GRANT TO SLORC

Slorc: "How Good Burma Being Least Developed?"

Kyodo News:  Rangoon Nov.26, 1996.

     Japan and Myanmar exchanged notes paving the way for a Japanese 
government debt-relief grant of 4 billion yen ($35.7 million) for the 
first half of fiscal 1996, the Japanese Embassy here said Tuesday.
     Since Myanmar was declared a least developed developing country 
(LDDC) in 1987, Japan has extended debt-relief grants to cover the 
interest and part of the capital.  Myanmar owed Japan more than 400 
billion yen ($3.6 billion) when Japanese loans were stopped in 1988.


KT
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