Poverty in Myanmar is on decline - Union Minister

05 December 2019
Poverty in Myanmar is on decline - Union Minister
Myanmar Union Minister of Investment and Foreign Economic Relations U Thaung Tun speaks the event. Photo: MIFER

Myanmar Union Minister of Investment and Foreign Economic Relations U Thaung Tun called for clear and open discussions at the 2nd Development Effectiveness Roundtable which started in Nay Pyi Taw on Wednesday, Xinhua reported.

U Thaung Tun, in his capacity as the vice chair of the Development Assistance Coordination Unit (DACU), stressed that the mobilization and coordination of a wide variety of sources of development finance are required to achieve the vision set forth within the Myanmar Sustainable Development Plan.

He said that poverty in Myanmar is on the decline, access to education and life-saving medicines is on the rise, and a second wave of social and economic reforms is underway, while economic growth remains strong by both regional and global standards.