Myanmar mulls IMF, World Bank loans as virus slowdown bites


Security officers spray water to clean the ground of Shawdagon pagoda, the country's landmark, due to the coronavirus disease (COVID-19) spread at Yangon, Myanmar, March 25, 2020. (REUTERS/Stringer)

Bloomberg, April 6 - Myanmar said it’s considering whether to tap emergency financing from multilateral lenders including the International Monetary Fund to cushion the blow of the coronavirus outbreak.

The government has held discussions with the IMF, World Bank, Asian Development Bank and others, Aung Naing Oo, secretary of the government panel set up to tackle the economic impact of the virus, said in an interview.

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