May 23, 2020
Pyithu Hluttaw discussed proposals sent by the President during its 3rd-day meeting yesterday.
Union Minister for Health and Sports Dr Myint Htwe and Deputy Minister for Planning, Finance and Industry U Maung Maung Win discussed US$50 million loan proposal from the International Development Association (IDA) of the World Bank as the proposal was put forward by the President. It was passed by the Hluttaw.
The MPs also approved for the Road Safety and Vehicle Management Bill and the Industrial Zone Bill tabled by the President with his recommendations through the Hluttaw Bill Committee.
Pyithu Hluttaw representative of Tatmadaw Lt-Col Htin Lin Oo and U Soe Thein (a) U Maung Soe from Taninthayi Region constituency (10) discussed the budget proposal bill for Region/State governments.
The MPs also discussed incomes and expenditures, as well as policy and basic principles of additional budget allocation bill for the Union in 2019-2020 financial year.
Those participated in the discussions were Major Naing Lin Aung who suggested adherence to rules, principles, orders, directives and procedures in budget management; U Khin Cho from Hlaingbwe constituency about issuing clear and concrete directives for systematic collecting taxes.
Lt-Col Myo Htet Win advised the Union government to relax some rules that can delay the projects and centralization. He also proposed legal actions against corrupted persons on the budgets.
MP Dr Thet Thet Khaing from Dagon constituency urged for urgent reforms in revenue management and state
economy.
The matter was also discussed by other 14 Hluttaw representatives.
In discussions about loan proposal of US$700 million from the International Monetary Fund, Lt-Col Thaung Sein suggested the needs of systematic management and inspection of loans, identifying focal ministries and detailed plans for the short and long term period.
MP Daw Cho Cho from Ottwin constituency supported the loan proposal as it is also required for fulfilling expenditures in health, social and economic sector during the post-COVID-19 crisis of the government.
Tatmadaw representative of Pyithu Hluttaw Lt-Col Aung Kyaw Moe discussed prevention of budget waste through systematic procedures.
The other eight MPs also debated the loan proposal before concluding the 3rd-day meeting of Hluttaw and its 4th-day meeting will be held on 26 May. —Aung Ye Thwin, Aye Aye Thant(Translated by Aung Khin)
