YANGON/TAIPEI -- Moves to put Myanmar alongside North Korea and Iran on an international anti-money laundering blacklist would have a damaging impact on foreign aid and the broader economy, which in turn would affect the lives of ordinary Burmese, experts and corporate executives warn.
Myanmar Crisis
Myanmar citizens would bear brunt of potential FATF blacklisting
Move would squeeze foreign aid; experts warn of 'detrimental consequences'
Myanmar migrant workers in Thailand demonstrate against the military regime in May. If blacklisted by the FATF, Myanmar citizens around the world would have more difficulty accessing financial services. © Reuters
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