The story

Debt problems and lack of credit. A housing crisis and a funding shortfall. These are not the problems of the Western world in the face of the global economic downturn, but some of the lingering challenges in Myanmar one year after devastating Cyclone Nargis hit the country, aid groups said.

The cyclone, which hit Myanmar's Irrawaddy Delta on May 2 and 3 last year, killed 140,000 people, severely affected 2.4 million people and left 800,000 displaced, aid agencies said.

"Cyclone Nargis caused a level of destruction similar to the worst-hit areas of the 2004 Indian Ocean tsunami," said Claire Light, Oxfam's country director in Myanmar. "The 2.4 million people affected will continue to feel its impact unless aid keeps flowing for the next three years." Read full article »

CNN's Kevin Drew in Hong Kong contributed to this report

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