Pyidaungsu Hluttaw 28 August, 2015

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"Nay Pyi Taw, 28 Aug — The 12th regular session of the Pyidaungsu Hluttaw came to a close on Friday. Representatives discussed a Yen 99.850 billion loan for the Ministry of Rail Transportation and the Ministry of Electric Power from JICA during the Pyidaungsu Hluttaw Session on Friday. Some representatives supported the loan in principle but maintained it is important to spend the funds in the most beneficial way. One representative suggested that ministries provide updates to parliament every six months on the work being carried out using foreign loans. Another representa-tive pointed out that despite the benefits the loan may offer, Myanmar?s current economic slowdown means that the debt will also be a burden. The representative urged ministries to hold themselves accountable for the spending of the funds. Members ultimately approved the plan to accept a loan from JICA, as well as the monogamy law and the signing of the Maritime Labour Convention 2006. Later, Deputy Minister for Social Welfare, Relief and Resettlement Daw Su Su Hlaing explained ongoing disaster management efforts in flood affected areas. She said that disaster relief efforts could be considered a success overall despite some weaknesses in management. She commended the high level of cooperation between experts, civil society organisations and the government and added that state and region governments will be responsible for the reconstruction of flood-hit areas. Speaker of the Pyidaungsu Hluttaw Thura U Shwe Mann explained the achievements of the 12th Pyidaungsu Hluttaw, which includes the passing of 185 laws, 10 motions and approvals for foreign loans. The speaker concluded the 12th regular session by saying that parliament has served the interests of the country and its people."

Source/publisher: 

Pyidaungsu Hluttaw via "The Global New Light of Myanmar"

Date of Publication: 

2015-08-29

Date of entry: 

2015-08-30

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  • Individual Documents

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Language: 

English

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pdf

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447.33 KB