Yangon: The World Bank on Monday warned Myanmar against corruption as it unveiled a $2-billion (Dh7.35 billion) aid package designed to provide better health care and improve supplies of electricity.
Despite the country’s ongoing reforms, the World Bank has ranked Myanmar 182 out of the 189 countries in its annual Doing Business report. World Bank president Jim Yong Kim told reporters in the Myanmar capital, Naypyitaw, that he recalled shutting down a programme in Bangladesh on his first day on the job in 2012, because of corruption concerns.
About 75 per cent of Myanmar’s mostly rural population has no access to health care, and more than 70 per cent have no electricity, the Bank said.
