Budget for 2019-20 slashed by more than K400 billion

Parliament cuts budget by MMK 400 billion

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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

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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The Yangon Region Government has withdrawn plans to spend about MMK 16 billion (USD 10.45 million) on construction projects and the purchase of a ferry.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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