No New Burma Funds Act

This bill tells the United States’ representative at the World Bank to keep a pause on new loans and payments to Burma’s government. The pause started after the 2021 military coup. It stays in place unless the U.S. Treasury Secretary decides continuing it is not in the national interest.

In plain terms, the World Bank should not send new money to Burma’s government for now, and the United States will use its vote there to support that pause.

• Who is affected: The Government of Burma (Myanmar), the World Bank, and the U.S. representative at the World Bank.
• What changes: Keeps the freeze on World Bank disbursements and new financing commitments to Burma’s government.
• When: Continues an existing pause begun after the 2021 coup, unless the Treasury Secretary decides ending the pause is in the national interest.