National export strategic plan expects to enjoy fruitful results within two years

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State Administration Council Chairman Prime Minister Senior General Min Aung Hlaing presides over the meeting 1/2024 of the National Planning Commission yesterday.

Senior General Min Aung Hlaing stressed the need to implement the national export strategic plan in connection with the national plan for enjoying fruitful results within two years.
At the National Planning Commission Meeting 1/2024 held at the SAC Chairman Office in Nay Pyi Taw yesterday morning, Chairman of the State Administration Council Prime Minister Senior General Min Aung Hlaing, who is also in the capacity of Chairman of the National Planning Commission, disclosed that although the government is striving for the development of all sectors, success cannot yet be achieved as expected due to terror acts interrupting transport, manufacturing and commodity flow and inability to carry out regional development tasks.
The Senior General stressed that the government creates learning opportunities for all citizens with the provision of teaching aid for the emergence of the highly-qualified education system and for the development of health and sports sectors. Arrangements were made to enable people to buy basic foodstuffs at reduced prices in order to control the cost-push inflation, he added.
He gave guidance that it is necessary to spend the State economic promotion fund efficiently. Citizen investors must be urged to invest in the manufacturing sector for the development of tasks with local investments, adding only when investment amounts increase will a larger volume of products be manufactured.
In order to ensure local oil sufficiency, the Senior General stressed that efforts to provide regional food sufficiency could cut spending of US$500-US$600 million per year on the import of cooking oil per year.
The Senior General outlined that the government and people have to join hands in raising political, economic, and defence sectors, national character and national spirit through perseverance and unity.
He revealed that the government has been expediting efforts for the improvement of agriculture and livestock breeding sectors and expansion of growing oil crops and industrial crops while encouraging the development of MSME businesses.
He disclosed that as some ministries, regions, and states could not fully implement the projects, they have to expose weaknesses in implementation to achieve success in the national plans in the coming FY.
The Senior General stressed the necessity to fulfil the requirements of agriculture and livestock farming tasks to achieve success, stressing that the implementation of the national plan has to focus on raising the socioeconomic entitlements of the people.
In his speech, Vice-Chairman of the National Planning Commission SAC Vice-Chairman Deputy Prime Minister Vice-Senior General Soe Win said that the national planning law for 2024-25 financial year was drafted for the development of agriculture and livestock breeding sectors, MSME businesses, export promotion, local oil sufficiency, and improvement of all sectors including education, health, transport, electricity and energy. He continued that an emphasis must be placed on fulfilling the basic needs of the people. He stressed the need to complete the implementation of relevant projects in 2024-25 FY in a timely manner with effective management of project expenditure.
Vice-Chairman of the commission Deputy Prime Minister Union Minister for Planning and Finance U Win Shein reviewed the implementation of the national plan for 2023-24 FY and the national plan (draft) for 2024-25 FY. Secretary Deputy Minister Daw Than Than Lin reported on the national planning law (draft) for 2024-25 FY. Union ministers presented reports on the implementation of the national plan in financial years.
Also present at the meeting were the National Planning Commission members Union Ministers, the Union Auditor-General, the Union Civil Service Board Chairman, the Central Bank of Myanmar Governor, the Nay Pyi Taw Council Chairman and officials. — MNA/TTA

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