August 19, 2016

Pyidaungsu Hluttaw discusses national comprehensive development plan

Pyidaungsu Hluttaw being convened in Nay Pyi Taw.
Pyidaungsu Hluttaw being convened in Nay Pyi Taw.

THE Pyidaungsu Hluttaw put a law on record yesterday and discussed one bill and a national development plan. The parliament put on record the issues of budget allotments from the exclusive fund of the Union Budget Law for 2015.
The Bill Committee called for a discussion of its findings on the Monetary Institutions Bill, which was returned by the president with remarks.
National Planning and Economic Development Minister Dr Kan Zaw responded to queries raised by four representatives in connection with the National Comprehensive Development Plan 2010-2030, which was resubmitted to parliament by the Union government.
During the discussion, MP U Htan Lein of Mindat constituency stressed the importance of the inflow of foreign investments into small, medium and large enterprises for the generation of revenue.
In response, the Union minister spoke of the need for principles to ensure a smooth economic transformation and to overcome challenges in implementation of the national development plan.
Following the discussion, the parliament put the National Comprehensive Development Plan on record.


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