U Set Aung, Deputy Minister for Ministry of Planning and Finance, and Mr. Ichiro Maruyama, Ambassador extraordinary and plenipotentiary of Japan to Myanmar, exchanged notes concerning the grant aid for the project for the development of financial market infrastructures, worth 5,549 million Japanese yen (approximately US $50.5 million) in Nay Pyi Taw on 14^th June. The project aims to enhance the functions of CBM-NET, which was introduced in January 2016; thereby, adapting to the changes of the environment surrounding financial infrastructure. The enhanced CBM-NET is expected to contribute to strengthening the Myanmar economy further.

Source: Global New Light of Myanmar

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