Ministries concerned make presentation of projects, budgetary matters to Hluttaw

The sixth day session of Pyidaungsu Hluttaw in progress
The sixth day session of Pyidaungsu Hluttaw in progress

The Pyidaungsu Hluttaw held sixth day session on Tuesday, with Union-level members from ministries concerned making the presentation of projects and budgetary matters included in National Planning Bill for 2015-2016 FY and 2015 Union Budget Bill.
Deputy Minister for Livestock, Fisheries and Rural Development Dr Aung Myat Oo clarified works to be done for meat and fish production and targets, rural infrastructure development focusing on road and bridge construction, community-based building, water supply and sanitation, electrification, sustainable career development and promotion of livestock breeding sector.
In his presentation, Deputy Minister for Communications and Information Technology U Win Than explained matters related to revenue and expenditure, loan and the ministry’s aim to increase the countrywide telephone density from 75 percent to 80 percent in 2015-2016 FY.
Highlighting the procedures that support effective resource allocation and taxation, Union Minister for Finance U Win Shein reported on abolition of financial rules and regulations which are unsuitable to the present situation, measures for developing the banking system of Myanmar Economic Bank, the ministry’s budget for 2015-2016 FY and foreign loans and interests.
Deputy Minister for Labour, Employment and Social Security U Htin Aung also presented the ministry’s budgetary matters including capital expenditure for the purchase of construction materials and machinery. The seventh day session continues tomorrow.

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