No New Burma Funds Act

This bill would require the U.S. Executive Director at the International Bank for Reconstruction and Development (IBRD) to advocate and vote for maintaining a pause on all disbursements and new financing for Burma. This requirement would remain in effect unless the Department of the Treasury determines that continuing the pause is not in the national interest of the United States. The measure seeks to uphold a suspension of World Bank funding that was originally initiated following the 2021 military coup in Burma.

This bill affects the U.S. Executive Director at the International Bank for Reconstruction and Development (IBRD), who would be required to vote against disbursements and new financing for Burma. The Department of the Treasury is also affected, as it must determine if such a pause is contrary to the national interest. Additionally, the government of Burma and the IBRD are impacted by the potential continued restriction of loans, guarantees, and advisory services.

• Mandate for U.S. Executive Director at the IBRD. The bill directs the U.S. Executive Director at the International Bank for Reconstruction and Development (IBRD) to advocate and vote for maintaining a pause on disbursements and new financing for Burma.
• National interest exception. The requirement to oppose funding for Burma may be waived if the Department of the Treasury determines that continuing the pause is not in the national interest of the United States.
• Support for existing World Bank policy. The legislation seeks to formalize the U.S. position regarding the World Bank's current suspension of financial commitments to Burma, which began following the 2021 military coup.

• H.R. 4423, No New Burma Funds Act
  Nov 20, 2025 · As reported by the House Committee on Financial Services on September 8, 2025

This bill seeks to codify and extend an existing World Bank policy, initiated after the 2021 military coup, that pauses disbursements and new financing commitments to Burma through the International Bank for Reconstruction and Development (IBRD).

The bill aims to maintain a suspension of international financial support to Burma by requiring the U.S. representative at the International Bank for Reconstruction and Development to oppose new financing and disbursements to the country unless the Department of the Treasury identifies a national interest exception.