The Myanmar parliament has cut the government budget by more than MMK 400 billion for the 2019-2020 fiscal year. Lawmakers cited shifting policies and reducing excess spending as reasons for the reduction. The reduction leads to a budget of roughly M
The Yangon Region Government has withdrawn plans to spend about MMK 16 billion (USD 10.45 million) on construction projects and the purchase of a ferry.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