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Burma Opposition Figure Outlines Economic Policy
BANGKOK (AP-Dow Jones)--Burma's pro-democracy leader Aung San Suu Kyi
outlined the economic policy of her political party Monday.
Suu Kyi made her policy statement in her weekly column in the Mainichi=
News of Japan. It calls for an open-market economy, and she said its
credibility will be based on an open and democratic political system. =
'A democratic Burma will be an economically dynamic Burma,' Suu Kyi =
The 1991 Nobel Peace Prize winner laid out 11 general economic objecti=
She was responding to critics who say she is bad for business.
Suu Kyi said the details of how to put the policies into practice can =
found in a paper called 'Prospects for Sustainable Development in Burma,'
submitted to the United Nations Development Program by Dr. David Dapice, =
professor at Harvard University in the U.S..
'This is important because the military government has been portraying=
a crypto-socialist,' said Bertil Lintner, a Bangkok-based author of sever=
books on Burma.
Lintner said the most significant of her party's economic objectives =
clause calling for 'a review of the exchange rate, followed by necessary
Burma's currency, the kyat, is traded at an official exchange rate =
six to one U.S. dollar. The more widely used black market rate is 120 =
the dollar, and inflation is estimated at 35% a year.
(END) AP-DOW JONES NEWS 05-02-96