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Reuters-World Bank cuts off Myanmar (r)



I urge Japanese Government to follow the suit instead of the regular 
extending of the  

>World Bank cuts off Myanmar 
>01:58 p.m Sep 04, 1998 Eastern 
>
>WASHINGTON, Sept 4 (Reuters) - The World Bank on Friday cut financial ties
>to Myanmar, saying it would not consider giving the government any more
>money because it had failed to make repayments on past loans. 
>
>In a rare and severe step, the Washington-based lending agency said it
>placed loans and credits to the Myanmar government in ``nonaccrual''
>status, meaning the country will not be able to borrow money from the World
>Bank until it clears its arrears, estimated at $14 million. 


KT