Economic Anomalies

Description: 

January 08, 2003—"During Burma?s time as a Socialist state, citizens were prevented by foreign exchange proceed laws to possess any foreign currency. Minor adjustments were made to this situation after 1988 when the military junta allowed a number of businessmen to open foreign currency accounts at two state-owned banks: the Myanma Foreign Trade Bank (MFTB) and the Myanma Investment and Commercial Bank (MICB)..."

Creator/author: 

Danu Maung

Source/publisher: 

"The Irrawaddy" Commentary Archive

Date of Publication: 

2003-01-08

Date of entry: 

2003-06-03

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

Size: 

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