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The World Bank has expressed concern about the safety of its staff and partners in Myanmar, where the military has staged a coup.
In a statement on Monday, the international organization said it had been a committed partner in what it called efforts to achieve broad-based sustainable growth and increased social inclusion in Myanmar.
“We remain committed to these goals,” it said, after Myanmar’s military detained de facto leader Aung San Suu Kyi and other senior members of her governing party and declared a one-year emergency.
The World Bank’s website lists $900 million in lending commitments to Myanmar in 2020, and $616 million in 2017.
“Our thoughts are with the people of Myanmar,” the bank said. “We are concerned about the safety and security of people in Myanmar, including our staff and partners.”
Early on Monday morning, the Myanmarese military said it had arrested Suu Kyi and her associates over accusations of voter fraud in favor of her National League for Democracy (NLD) party in the November 2020 elections.
The military handed power to commander-in-chief Min Aung Hlaing and pledged to hold fresh elections and hand power to the winning party.
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