July 04, 2017

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Pyidaungsu Hluttaw approves Bill amending the 2016 Union Budget Law

Deputy Minister for Planning and Finance U Maung Maung Win.
Deputy Minister for Planning and Finance U Maung Maung Win.

The Pyidaungsu Hluttaw approved a bill amending the 2016 Union Budget Law with cuts to the budgets of some ministries.
The Pyidaungsu Hluttaw vote calls for a K1.02billion reduction in the budget of the Ministry of Home Affairs, a K9.24billion reduction in the budget of the Ministry of Transport and Communications and a K80.11billion reduction in the budget of the Ministry of Construction recommended by the Joint Public Accounts Committee.
During yesterday’s session, Deputy Minister for Planning and Finance U Maung Maung Win elaborated on the signing of the second revised ASEAN comprehensive investment agreement by Myanmar and seven parliamentarians held discussions on the country’s efforts to become a member of the Convention on the Physical Protection of Nuclear Materials and Nuclear Facilities.

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