Only when the economy is strong, will political, economic, social, and defence sectors become robust.
Senior General Min Aung Hlaing unveiled that a plan is underway to allocate necessary support from the National Natural Disaster Management Fund to internally displaced people due to terrorist attacks.
Chairman of the State Administration Council Prime Minister Senior General Min Aung Hlaing said so at the meeting of the Union government at the SAC Chairman Office in Nay Pyi Taw yesterday morning.
In his speech, the Senior General highlighted that politics is not economics, but economics is indeed intertwined with politics and state affairs, adding that only when the economy is strong will political, economic, social, and defence sectors become robust. Therefore, everyone must collaborate to strengthen the State economy.
He gave guidance the government will accelerate economic growth by providing capital loans from the National Economic Promotion Fund to potential MSME businesses.
He stated that efforts are being made to produce quality processed products from industrial raw materials such as cotton, bamboo, rubber, and coffee in the MSME sector.
He noted that the rice and beans, especially Pawsan rice, have already gained market access, so it is necessary to work towards exporting rice and beans of even better quality than what is currently available.
Regarding rubber, he highlighted that if efforts are made to produce a large number of tyres and tubes used in bicycles and motorcycles – which do not require advanced technology or significant investment – it can greatly contribute to the country’s economic development.
The Senior General underscored that as efforts are being made to ensure stability, peace, and the rule of law as part of the preparation for the upcoming election, emphasis must be placed on the creation of a situation to hold the election.
He continued that Pyithu Hluttaw, Amyotha Hluttaw and region and state Hluttaws must be capable of convening relevant Hluttaw meeting sessions, and it is necessary to ensure that these Hluttaws must be dignified.
Significantly, the Senior General approved that it has been planned to provide necessary support from the National Disaster Management Fund for people temporarily displaced due to terrorist attacks.
In the education sector, the Senior General stressed that in connection with the current distance education system, officials need to systematically oversee that students genuinely acquire knowledge and skills.
He added that the students who are learning the essential knowledge and skills required for the country must also be supported with stipends. Furthermore, he unveiled that plans are underway to establish more agricultural and veterinary universities.
Regarding healthcare, he spotted that although a policy has been adopted for every hospital to have doctors, it has been found that some hospitals lack doctors. Therefore, it is necessary to review and address this issue according to the respective regions and report the findings.
In the electric power sector, the Senior General confirmed that the government will provide support for the financial requirements needed for electricity generation businesses utilizing solar energy.
The Nay Pyi Taw Council chairman, region and state chief ministers reported on plans to grow monsoon paddy and oil crops, expansion of sown acreage, production and export measures, basic and higher education sectors, more coverage of healthcare, operation of industrial zones, foreign trade and earning of foreign currency, taxation, enhancement of tourism sector, electrification process, and disbursement of loans from the State economic promotion fund.
Also present at the meeting were SAC Vice-Chairman Deputy Prime Minister Vice-Senior General Soe Win, union ministers, union-level dignitaries and officials together with region and state chief ministers through videoconferencing. —MNA/TTA
