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Code · BILL · 114th Congress · S. 3325 (Introduced in Senate) — To promote sustainable economic development in Burma, and for other purposes. · Sec. 3

Sec. 3. Findings

211 words·~1 min read·/bill/114/s/3325/is/section-3·

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Congress makes the following findings: Since 2011, the Government of Burma has taken admirable and concrete steps toward the establishment of democratic institutions and the rule of law. The November 2015 parliamentary elections in Burma were conducted in a peaceful and transparent manner and culminated in an overwhelming victory for the National League of Democracy (NLD), led by Nobel Prize laureate Aung San Suu Kyi. Since assuming office on March 30, 2016, Burma’s new President Htin Kyaw has authorized the release of more than 200 political prisoners.
Aung Sun Suu Kyi has successfully initiated a nationwide and historic effort to achieve lasting peace in Burma, titled the 21st Century Panglong Conference . Burma faces serious short- and long-term economic and development challenges, which the new NLD-led government has pledged to address. According to World Bank estimates, over 70 percent of Burma’s population and 84 percent of rural households lack access to grid electricity. The Government of Burma has announced a National Electrification Plan
(NEP)to assure universal access to electricity by 2030. The World Bank has approved a $400,000,000 interest-free credit to Burma to support the NEP. The World Bank has approved $1,690,000,000 total in development projects in Burma. The Asian Development Bank has approved $1,920,000,000 in development projects in Burma.
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