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Japan's Prime Minister offers $1 billion in Rural Aid to Myanmar
Japan's Prime Minister Shinzo Abe on Tuesday promise up to 117 billion yen ($1.03 billion) of advancement aid to Myanmar in a meeting in Manila with government leader Aung San Suu Kyi.
The bundle of low-interest loan will be utilized to finance ventures including infrastructure and small company financing intended to help enhance rural economy, Japan's Ministry of Foreign Affairs said in a discharge.
The aid promise comes as Myanmar goes under serious feedback from human rights group, the United Nations and different nations for a counter-insurgency operation that has started a departure of more than 600,000 Rohingya Muslims to Bangladesh since August.
Abe and Suu Kyi are in the Philippines for an Association of South East Asian Nations meeting including other provincial pioneers.
While there, Suu Kyi, whose organization has no power over the security powers under a constitution drafted amid military govern, talked about the Rohingya emergency with U.N. Secretary-General Antonio Guterres.
NEWS DETAILS Japan offers $1 billion in rural aid to Myanmar Section Japan's Prime Minister offers $1 billion in Rural Aid to Myanmar