Wednesday, 26 February 2014

Myanmar likely to cut back expenditure for ASEAN meetings

Myanmar is likely to cut back by more than Ks 1 billion from an allocated expenditure of nearly Ks 12.7 billion to host a series of ASEAN meetings, according to a committee proposal submitted to parliament.

The government has allocated Ks 12.69 billion to host ASEAN meetings this year as the chair of the association.

Aung Thein Lin, chairperson of the Parliamentary Reform and Development Evaluation Committee, submitted the proposal on Friday (February 21) for discussion and approval by the parliament.

While the parliament needs to support the government’s work to arrange ASEAN meetings for political and business leaders from ASEAN countries and their allies, he said, the country is also needy in every area—including healthcare, education, business and technology. So the proposal is aimed at saving budget for the most critical areas.

Myanmar expects to host about 300 ASEAN meetings during its chairmanship in 2014.

source: Eleven Myanmar
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