Proper spending of government funds explained at Pyidaungsu Hluttaw

pyidaungsuNay Pyi Taw, 1 April — Roads and bridges are built through the tender system in a transparent manner by forming various committees to invite tender, to estimate costs and to inspect quality, Deputy Minister for Construction U Soe Tint told the Pyidaungsu Hluttaw session on Wednesday.
The deputy minister was responding to a motion urging the Pyidaungsu Hluttaw and the union government to supervise the spending of public funds and quality of finished projects in accordance with rules and regulations.
Government funds are spent in accordance with the instructions of the government and guidance for works to be carried out through contract system, the deputy minister added.
Deputy Minister for Finance Dr Lin Aung said that his ministry has been carrying out the reform for financial management system since 2012 and will complete the new rules and regulations for financial management in 2015-16 fiscal year.  Currently, a supervisory committee for prosper spending of public funds formed by the President Office is supervising the spending of public funds, according to the deputy minister. Deputy Auditor-General U Myo Myint said that Union Auditor-General Office will also supervise the spending of public funds. —MNA

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