BOT to give technical assistance to Myanmar
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The Bank of Thailand (BOT) and the Central Bank of Myanmar (CBM) have inked an agreement for technical assistance.
Under the memorandum of understanding signed by BOT Governor Prasarn Trairatvorakul and CBM Governor Than Nyein, the Thai central bank will provide training to CBM's staff, which should support the development of Myanmar's financial system and economy as well as the Asean Economic Community.
In a statement by the Thai central bank, the MoU involves the Thai central bank as the official provider of such assistance and it could also seek supports from local and international organisations on policy setting, experience exchanges, consultation, field trips, and scholarships.
The Thai central bank will also help train CBM on financial institutions supervision, payment system, banknote management and human resource development.
