Home MMBIZ News Japanese Aid to be Used for Poverty Alleviation in Rural Myanmar

Japanese Aid to be Used for Poverty Alleviation in Rural Myanmar

A Japanese aid of $12 million will be used for poverty alleviation in Myanmar’s rural areas, the Department of Rural Development said.

The three-year project aims to enhance rural livelihood and increase rural income in targeted six towns and 96 villages.

New income-earning opportunities will be developed in areas such as fish, shrimp and pearl farming, livestock husbandry, and production of cash crops and tourism market, the department said.

The project, funded by the Japan Fund for Poverty Reduction (JFPR), is being undertaken by the Myanmar department and the Asian Development Bank (ADB).

The aid is part of $22 million provided to Myanmar for poverty reduction. The remaining grant will be used in building 47 rural health centres and sub-health centres, refurbishing three town hospitals, and supplying medical equipment and training.

- Advertisment -

Must Read

Myanmar bank atm mastercard visa kbz (2)

Myanmar Consumers Are into Contactless Payment: Visa Survey

အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Nearly three in four (72 percent) of Myanmar consumers have expressed a clear interest in adopting contactless card payments, according to the...