Myanmar to spend US$77.5 million on rural development

Myanmar government has allocated over 75 billion Kyats (US$77.5 million) to be spent on rural development programmes across the country between 2013-14, according to the Minister of Livestock, Fisheries and Rural Development.

Minister Ohn Myint delivered a speech during a meeting with government bodies, international organisations and local NGO's on August 17 at the Myanmar Peace Centre in Yangon.

"The projects the government has approved for the fiscal year of 2013-14 include 6 rural road and bridge projects, 7 water supply and health and cleanliness projects, 2 electricity-supply projects and building 1000 toilets and creating employments in 40 villages. Total 75 billion Kyats have been projected to use in respective regions," said Minister Ohn Myint.

Businessmen and experts also attended the meeting that focused on implementation of rural development programmes guided by President Thein Sein.

"In implementing the projects, the funds will be transferred to the respective regions and effective management down to the bottom level will be ensured, according to the President's instruction," the minister noted.

The largest shares of the rural development fund are to be spent in Shan State (17.16 billion Kyats), Sagaing Region (8.78 billion Kyats), Bago Region (6.66 billion Kyats) and Yangon region (6.38 billion Kyats), according to the reports from the Ministry of Livestock, Fisheries and Rural Development.

The rural development fund will also be distributed to other regions as following:
3.65 billion Kyat to Kachin State
3.1 billion Kyat to Kayah State
3.3 billion Kyat to Kayin State
3.55 billion Kyat to Chin State
3.28 billion Kyat to Mon State
4.1 billion Kyat to Rakhine State
3.86 billion Kyat to Tanintharyi Region
3.82 billion Kyats to Magway Region
3.35 billion Kyat to Mandalay Region
3.86 billion Kyat to Ayeyarwaddy Region

source: Eleven Myanmar

http://elevenmyanmar.com/national/3116-myanmar-to-spend-us-77-5-million-on-rural-development