Description:
"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
Grouping:
- Individual Documents
Category:
Language:
English
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Format:
pdf
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447.33 KB