France to provide €200m aid to Myanmar over two years

The French Development Agency (FDA) is to provide more financial assistance to Myanmar, with over €200m being provided to the country over two years, according to state media quoting H.E Mr. Olivier Richard, the French ambassador to Myanmar.

The FDA has been granting loans to assist economic development in rural development projects in Yangon as well as the development of energy and health sectors.

Currently, France also contributes a major portion of monetary assistance for the project that combats three major infectious and parasitic diseases HIV/AIDS, malaria and TB through the Global Fund.

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