Mizzima awarded global JTI certificate for reliable news on Myanmar

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Mizzima Mizzima, one of Myanmar ’s most prominent news outlets and a press freedom advocate, obtained the Journalism Trust Initiative ( JTI ) certification from global audit firm Bureau Veritas , JTI says in a press statement 5 January.  Operating in clandestine mode within Myanmar and supported by an exiled team, Mizzima strives to fulfil its role as reliable source of news and information for the Myanmar public. “Your Journalism Trust Initiative certification affirms what audiences already know: that principled, transparent journalism matters. Congratulations on this achievement and on your continued contribution to informing citizens about Myanmar,” says Benjamin Sabbah , director of Journalism Trust Initiative “Myanmar’s ongoing conflict has created an intensely contested media landscape, where mis- and disinformation are increasingly deployed to reinforce state propaganda and the prevailing “official” narrative. Although Mizzima is already regarded as one of the most trusted ...

World Bank to clear Burma’s debt

Monday, 28 January 2013 12:35 Mizzima News

The World Bank announced on Sunday that it would partner with the Asian Development Bank to clear Burma's old debts. In the deal signed with the Japan Bank for International Cooperation, a loan will be provided to cover Burma's outstanding debt of US $900 million.

World Bank headquarters, Washington DC. (Photo: World Bank)

“Myanmar has come a long way in its economic transformation, undertaking unprecedented reforms to improve people’s lives, especially the poor and vulnerable,” said Annette Dixon, the World Bank's Burma Country Director.

“Much work remains to be done. We are committed to helping the government accelerate poverty reduction and build shared prosperity. The Bank’s engagement, together with the ADB, the Government of Japan and other partners, will help attract investment, spur growth and create jobs.”

On January 22, the World Bank approved a $44 million “Re-engagement and Reform Support Credit” to Burma. The Bank has also provided an $80 million grant for the National Community Driven Project to develop rural infrastructure.

The New York Times reported that this latest deal was likely to draw international criticism as Burma's military continues its campaign against Kachin rebels.
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Related articles

http://www.mizzima.com/business/8216-plan-would-eliminate-burmas-international-debt-next-year.html

http://www.mizzima.com/business/7675-world-bank-burma-working-on-monetary-master-plan.html

http://www.mizzima.com/news/inside-burma/8218-western-peace-fund-initiative-criticized.html

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