First COVID-19 loan to be disbursed before Thingyan holidays, remaining applications to be given due consideration: MIFER

Union Minister U Thaung Tun attends the third meeting of the Working Committee to address the impact of COVID-19 on the country’s economy yesterday.  Photo: MNA
Union Minister U Thaung Tun attends the third meeting of the Working Committee to address the impact of COVID-19 on the country’s economy yesterday.  Photo: MNA

The third meeting of the Working Committee to address the Impact of COVID-19 on the country’s economy was held at the Ministry of Investment and Foreign Economic Relations in Nay Pyi Taw yesterday morning.
The meeting was chaired by U Thaung Tun, Union Minister for Investment and Foreign Economic Relations. Members of the working committee and representatives of the Ministries concerned took part in the
meeting.
The Chairman of the Working Committee pointed out that the following two meetings of the committee, the COVID-19 Fund has been established and that applications for loans have been screened systematically. It is expected that the first disbursements will be made before Thingyan.
The remaining applications for loans will also be given due consideration, it is learnt.
The meeting discussed matters relating to disbursement of funds to the affected firms expeditiously. —MNA

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