Fifth regular meeting of second Pyidaungsu Hluttaw concludes

August 31, 2017

Eight new laws were enacted, 11 laws were amended and one law revoked at the fifth regular meeting of the second Pyidaungsu Hluttaw .

During the meeting, the Pyidaungsu Hluttaw discussed, approved and documented issues including seeking foreign loan, eight cases for signing international accords and MoUs, two reports on debt management, two reports of findings of the Union Auditor-General Office, reports on a special goods tax and commercial tax, a national planning report for 2016-2017 and the Union Budget.

In his address at the final day of the Pyidaungsu Hluttaw, Speaker Mahn Win Khaing Than urged township development committees to tackle challenges they are facing through coordination among others when they carry out development tasks in their respective townships.

The meeting, Pyidaungsu Hluttaw also documented the annual report of the National Planning for the 2016-2017 FY and findings of the Public Joint-Account Committee sent by the Union Government and discussions of the MPs.

In the debate yesterday, Deputy Minister for Electricity and Energy Dr Tun Naing explained the decreasing income for gas and oil in 2015-2016 FY, saying that it is found that oil wells, which have been operating for more than 25 years, cannot produce as much oil and gas as was previously done.

Also, the price of gas has decreased in the 2016-2017 FY, he added.

Deputy ministers from Home Affairs, Agriculture, Livestock and Irrigation, Transport and Communications, Education and Planning and Finance clarified findings of the Public Joint-Account over the annual report of the National Planning for the 2016-2017 FY.

Myomyint, Hmwe Kyu Zin 

(Myanmar News AGecny)

Ref; The Global New Light of Myanmar