Quick-win processes in agriculture and livestock sectors to contribute to manufacturing development

Initiating quick-win processes, such as agriculture and livestock sectors, will contribute to the development of manufacturing, said Senior General Min Aung Hlaing.
The State Administration Council meeting 2/2024 took place at the meeting hall of the Chairman of the State Administration Council Office in Nay Pyi Taw yesterday afternoon, with an address by SAC Chairman Prime Minister Senior General Min Aung Hlaing.
In his speech, the Senior General underlined that the SAC could pull up the State economy from the minus to the plus trend since its establishment, but it needs to achieve deserved success as expected. As the incomes from the trade process comprise the manufacturing of products and the production of natural resources, it is important to manufacture products, he noted.
He said the current government has been emphasizing the production of agriculture and livestock sectors concerning the majority of citizens and the most fundamental situation of manufacturing in the nation by encouraging all to meet the target production of paddy, pulses and beans, oil crops and industrial crops.
The Senior General underscored that although Myanmar exports oil and natural gas to China and Thailand, these Western countries impose sanctions against Myanmar for not spending their income on the export of oil and natural gas. But, the government could develop the nation to some extent amid these difficulties.
But, he continued that during the three years, the government could pay back US$2.2 billion of foreign debts, the majority of which were based on capital finance borrowed by previously successive governments.
In more than 14 million acres of monsoon paddy, he highlighted that although monsoon paddy is expected to yield 100 baskets per acre, it actually produces more than 78 baskets per acre of monsoon paddy in the 2023-24 financial year, declining 22 baskets than the target.
The Senior General expressed his view that if other main crops, such as maize, pulses, beans, and other crops, can meet the target production, the State’s economy will increase significantly.
He noted that Myanmar’s main business depends on agriculture and livestock industries to manufacture value-added products in the agro-based industry. He elaborated that if existing sound foundations and human resources are utilized for the development of agriculture and livestock, production will change.
The Senior General stressed the need to allow the extraction and sale of underground and aboveground natural resources and forest resources under relevant disciplines.
He clearly said that as the government is striving to ensure a systematic multiparty democratic system, armed terror acts cannot be deployed on the route of democracy.
The Senior General reviewed all discussions and stressed the need for people from the regions with needs of peace and stability to join hands with security forces, as public participation is essential in restoring peace and stability.
Council members reported on development for agriculture tasks, needs of farmers, plans for sharpening the patriotic spirit of student youths during the long summer holidays, development of the tourism industry and fostering peace and stability in relevant regions.
SAC Vice-Chairman Deputy Prime Minister Vice-Senior General Soe Win discussed the quick process of restoring peace and stability in the regions with public participation.
The meeting was also attended by SAC Vice Chairman Deputy Prime Minister Vice-Senior General Soe Win, Secretary Lt-Gen Aung Lin Dwe, Joint Secretary Lt-Gen Ye Win Oo, council members and officials. — MNA/TTA