The people are panic buying the fuel at present with the fear of scarcity even though the fuel is distributed to the stations in Nay Pyi Taw, Yangon and Mandalay regions and other regions and states.
State Administration Council Member Union Minister General Mya Tun Oo, also Chairman of the Central Committee on Ensuring Smooth Flow of Trade and Goods, delivered an address at the 2/2023 committee meeting in Nay Pyi Taw yesterday.
The Union minister noted that systematic arrangements are being made to ensure adequate fuel at the fuel stations and supply fuel stocks. On the other hand, it also supervises to combat illegal fuel trade.
Moreover, the committee focused on practical measures for fuel import, storage, and distribution sectors and scrutinized whether the imported fuel met the quality standards.
Similarly, adequate cooking oil was distributed to the regions and states, including Nay Pyi Taw, to ensure a stable market and prices. The plans are underway to receive the export earnings from the remaining companies fully.
He continued that effective measures were being taken in those days to promote the export volumes of farm products such as rice, beans, maize, sesame, and rubber.
It also needs to supervise the repatriation of export earnings in line with fixed procedures, and it will prioritize the import of raw materials for the industrial zones that produce export products.
He then highlighted the cooperation work with the UMFCCI, its brother associations, and relevant organizations. — MNA/KTZH
