Fri, 03 Feb 2012 07:47:35 GMT
Burma announced 11 billion US Dollar of foreign debt
Burma announced it owes about 11 billion US Dollars of foreign debt that is much more than previously estimated. The foreign minister of the country reported that Burma has started negotiations with several institutions and countries. Burma owes about 6.4 billion US Dollars to Japan, the rest of the loans are owed to Germany, the World Bank and the Asian