Vice President facilitates business operations through sector-wise assistance

May 20, 2017

Out of 83 decisions made in five meetings between the entrepreneurs and the government, 75 have been resolved and works are coordinated in order to resolve the remaining eight, said Vice President U Myint Swe yesterday.

“The remaining eight are issues that need time or are related to legal matters, but accelerated efforts are being made for their soonest realization” said the Vice President at the sixth meeting with entrepreneurs in Yangon yesterday which is aimed at facilitating their operations through the sector-wise ministry assistance.

He also appreciated the coordinated efforts of the work committees for the country’s inflation rate falling consecutively year on year which was manifested by seven per cent in March to 4.74 per cent in this April. Illegal trade is being eliminated as the most important part on the economic progress, he said, elaborating on the channeling of funds received through selling of illegal goods to different parties. Because of the rise in the rewards, the anti-illegal trade campaign is gaining more ground, he said. He said activities of Food and Drug Authority have become more active and smooth, and the sector-wise suggestions and requirements of the entrepreneurs have been responded swiftly. The private sector development committee and its five subordinate bodies are effectively solving the problems of businesspersons. The work of establishing Data ID Card System Digital Government Strategy and E-Government Systems is also encouraged.

The respective ministers and chief minister of Yangon Region explained sector-wise implementations and support for entrepreneurs. The president of Union of Myanmar Federation of Chambers of Commerce and Industry extended greetings, followed by a general round of discussions. The vice president gave the concluding remarks.

Ref; The Global New Light of Myanmar