Burma’s so-called Debt-Cancellation?

(Based on the press releases of Myanmar Finance and Revenue Ministry.)





Finance Minister Win Shein signing the debt agreement.

“MYANMAR (Burma) has hailed a deal with international lenders
to cancel nearly $US6 billion ($A5.8 billion) of its debt.”



Above
statement was the common theme of recent media headlines about Burma’s
celebrated debt relief as an Obama’s reward for Thein Sein’s