A booming tourism industry was one of Myanmar’s great success stories after 2011, but big talk from the junta is unlikely to aid the recovery of a sector ravaged by COVID-19 and the military coup.
A “collateral-free” loan scheme for small and medium enterprises launched by the Myanmar government in 2014 looks functional on paper, but business owners say it is nearly impossible to access and does not provide enough money to be useful.
BY Frontier
