Development at forefront of new budget


Photo: President's Office

Myanmar’s Financial Commission held its first meeting in Nay Pyi Taw yesterday, with President U Htin Kyaw addressing the crowd and stressing the need for the new government to bring forward a constitution that focuses on national reconciliation, internal peace and democratic federalism, state media reported on 16 June.

President U Htin Kyaw also promised increased spending on education, health and social welfare to ensure more human resources, adding that development policies would be focused on the implementation of rural development, electrification, poverty alleviation and infrastructural development.

The meeting discussed the 2016-2017 budget approved by the previous government and an amendment of the ’16-’17 budget to be submitted to the parliament for approval. 

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