Home MMBIZ News Govt to Spend K75b for Rural Development

Govt to Spend K75b for Rural Development

The government will spend about K75 billion to undertake countrywide rural development programmes in Myanmar in the current fiscal year, a minister said.

“The approved development projects include six rural road and bridge projects, seven water supply and health and cleanliness projects, two power supply projects, construction of 1,000 toilets and creation of jobs in 40 villages,” Ohn Myint, minister for livestock, fisheries and rural development, told a meeting in Yangon.

The funds will be transferred to the respective regional governments during 2013-14 fiscal year, the minister said. Transparent and efficient use of the fund will be ensured, the minister said.

Shan state will receive K17.16 billion from the fund, while Sagaing, Bago and Yangon regions will receive K8.78 billion, K6.66 billion, and K6.38 billion respectively.

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