Myanmar shadow government raises US$100mil to oppose junta


YANGON (Bloomberg): Myanmar’s shadow National Unity Government said it has raised more than US$100 million to fund its democracy effort and topple the junta.

About 45% of the funds are from the sales of so-called Spring Revolution Special Treasury Bonds, according to Tin Tun Naing (pic), shadow minister for planning, finance and investment. The debt doesn’t pay interest and the capital will be repaid only when the democracy effort is successful.

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Myanmar , shadow , cabinet , funds

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