Pandemic and election bump deficit to MMK 6.8 trillion

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Myanmar could see a budget deficit of MMK 6.8 trillion by the end of the fiscal year, the Finance Commission announced this week. President U Win Myint, who heads the Commission, said total revenue will likely be MMK 27.8 trillion, while total expend

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Yangon Govt Drops $10 Million Spending Proposals

Yangon Regional government withdraws project spending

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The Yangon Region Government has withdrawn plans to spend about MMK 16 billion (USD 10.45 million) on construction projects and the purchase of a ferry. It will instead spend the money on development projects, according to an article in The Irrawaddy

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