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May 27, 2019

Pyidaungsu Hluttaw approves Euro 35.7 mln AFD loan

Pyidaungsu Hluttaw is being convened in Nay Pyi Taw. Photo: MNA

The eighth-day meeting of the Second Pyidaungsu Hluttaw’s 12th regular session was held at the Pyidaungsu Hluttaw meeting hall yesterday morning where Euro 35.7 million loan from Agence Francaise de Development (AFD) to conduct all round repair works on 5 hydroelectric power stations was approved by the Hluttaw.

Hluttaw put on record MOFA usage of K 859.054 million from emergency fund
In the first agenda of the day, Union Minister for International Cooperation U Kyaw Tin explained about Ministry of Foreign Affair (MOFA) using K. 859.054 million from K 9095.262 million emergency fund in the fiscal 2018-2019 Union Budget Law after which the Hluttaw put the matter on record.

Hluttaw explained about establishing diplomatic relations
Next, Union Minister for International Cooperation U Kyaw Tin explained about establishing diplomatic relations with Republic of Benin, Democratic Republic of Congo and Togolese Republic after the cabinet agreed to have a good tie with them. After the Union Minister’s explanation, the Pyidaungsu Hluttaw Speaker announced for Hluttaw representatives who want to discuss the matter to register their names.
Hluttaw approves Euro 35.7 million AFD loan
Afterwards, Deputy Minister for Electricity and Energy Dr. Tun Naing explained about Euro 35.7 million loan from AFD to conduct all round repair works on 5 hydroelectric power stations and benefits to the country.
After obtaining the decision of the Hluttaw, Pyidaungsu Hluttaw Speaker announced the Hluttaw’s approval of the loan.

Hluttaw approves Joint Public Accounts Committee report 4/2019 and 6/2019
In the final agenda of the day Union Minister for Industry U Khin Maung Cho, Deputy Minister for Transport and Communications U Tha Oo, Deputy Minister for Electricity and Energy Dr. Tun Naing, Deputy Minister for Commerce U Aung Htoo, Deputy Minister for Education U Win Maw Tun, Deputy Minister for Construction U Kyaw Lin and Deputy Minister for Planning and Finance U Maung Maung Win explained about Joint Public Accounts Committee reports on 2018 April to September six-month National Planning and Budget as well as responding to discussions made by Hluttaw representatives. After the Union level organizations’ explanations and responses, Joint Public Accounts Committee member U Myo Win of Mon State constituency 8 tabled a motion for the Hluttaw to approve and accept the Joint Public Accounts Committee report 4/2019 and 6/2019.
As the Hluttaw accepted and approved the reports by a vote, Pyidaungsu Hluttaw Speaker announced the acceptance and approval of the Hluttaw and also announced putting the matter on record.
The ninth-day meeting of the 12th regular session of the Second Pyidaungsu Hluttaw was scheduled to be held on Monday 20 May 2019 it is learnt. —Mawsi, Aye Aye Thant (MNA) (Translated by Zaw Min)

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