BAGO Region Government has carried
out to achieve all-round development in all socio-economic sectors of the
people. In order to make sustainable development, plans are under way to
support and encourage the small and medium scale enterprises, the development
of health and education sectors, and conservation of natural environment.
Opening Wholesales Centre in Bago
A wholesale centre for crops has opened in Bago Region where a variety of pulses and crops are sold for the convenience of the local people.
Formerly the rice which was grown in Bago Region used to trade foreign markets through the Yangon Region. After opening the wholesale centre, the coal businessmen received more orders from foreign countries.
A wholesale centre for crops has opened in Bago Region where a variety of pulses and crops are sold for the convenience of the local people.
Formerly the rice which was grown in Bago Region used to trade foreign markets through the Yangon Region. After opening the wholesale centre, the coal businessmen received more orders from foreign countries.
Bago is in need of many wholesale
centres for rice and agricultural commodities, as they can serve as the
marketplace for farmers and traders.
Through wholesale centres, market information will be known more widely and will reduce the risk of speculation and volatility. The Myanmar Rice Federation is also supporting the establishment of rice wholesale centres in order to improve the standards and specification, as well as the adoption of proper contractual engagement between sellers and buyers. According to the data, there are over
650,000 acres of rice cultivation in Bago Region and local farmers grow Export-25 mark rice in the summer and in the rainy season.
Through wholesale centres, market information will be known more widely and will reduce the risk of speculation and volatility. The Myanmar Rice Federation is also supporting the establishment of rice wholesale centres in order to improve the standards and specification, as well as the adoption of proper contractual engagement between sellers and buyers. According to the data, there are over
650,000 acres of rice cultivation in Bago Region and local farmers grow Export-25 mark rice in the summer and in the rainy season.
Regional development
During the period of two year, the
Bago Region government has made an effort to improve the transportation systems
in the region. All the roads constructed by the Road Department under the
Ministry of Construction are tarred roads. Roads in towns are now in the
process of covering Asphalt Concrete. According to the data, there were 27
miles and 3 furlongs of concrete roads, 103 miles and 2 furlong of tarred
roads, and 268 miles and 4 S of rural roads, 595 concrete bridges, 41 wooden
bridges, 54 arch bridges and 505 rooms for housing project in the Bago Region.
As for the Bago Region Government,
concerted efforts have been made to carry out the works for both local and
foreign investors to be able to start their operation at the industrial zones
of Bago and Pyay Districts with a view to increasing more job opportunities.
The Bago Region Government is now
striving to put the budget spending system up to the international norms and to
bring about the collective effort of government and community for the
development of health and education sectors in cooperation with World Bank,
UNDP and UKAID.
Power Supply
In the power supply section, the
Bago Region has implemented 236 tasks with the aim of meeting electricity
demand and upgrading the cables and installation of new cables under the
electrification plan for the whole region.
Health Sector
Plans are underway to extend one
more traditional hospitals in Yedashe Township, Bago Region. Currently, there
is a 50-bedded traditional medicine hospitals in Bago.
Many people who rely on traditional medicine for their primary healthcare need have significantly increased. This is the main reason for extension of traditional medicine hospitals and health departments. Traditional medical practitioners have urged the people to receive treatment at the traditional medicine hospitals and clinics and take medicines after checking the registration and expiry dates of traditional medicines.
Many people who rely on traditional medicine for their primary healthcare need have significantly increased. This is the main reason for extension of traditional medicine hospitals and health departments. Traditional medical practitioners have urged the people to receive treatment at the traditional medicine hospitals and clinics and take medicines after checking the registration and expiry dates of traditional medicines.
Assisting development in Rakhine
The Bago Region government has
coordinate in all sectors with human, financial, moral and technical resources
for Rakhine State, regional development works and for reconstruction of damages
and losses caused by terrorist attacks.
Efforts had been made to construct
64 village houses in the southern Rakhine State and to take the responsibility
to build these houses.
With the aim of providing
assistance to ethnic nationals who were facing difficulties in all sectors
starting with human, financial, moral and technical resources in region. The
construction of houses and schools needs to be completed before the rain comes.
Once the livelihood matters are
re-established, these necessay assitances will be provided for agriculture,
livestock breeding and fishery sector development as required by the Rakhine
State.
Citizen’s Budget
The Bago Region Government revenues
have increased more than 150 per cent since 2013 while the grant transfer from
the Union Government to the region has grown more than 290 per cent in the same
period, according to the Citizen’s Budget released by the Bago Regional
Government.
Fishery and property taxes make up
for 83 per cent of the regional tax revenue in this fiscal year. Citizen’s
Budgets communicate budget information to the general public with the aim of
increasing budget transparency and encouraging civic engagement with the budget
process.
The Citizen’s Budget is a step
forward to increase transparency as well as accountability, and to encourage
civic participation in public financial management. Government budgets,
particularly at the sub-national level, are central to social and economic
development, and in order to be effective, it requires strong public financial
management. The budget will help create a cycle in which the government
provides services based on the needs and inputs of the constituents. Therefore
the resulting alignment between public resources and public needs can be
contributed to the greater growth and development of the Bago Region.
Revenues
The Bago Regional Government has K158,057
million to spend for the fiscal year 2017-18, K158,057 million (81 per cent) of
which comes from fiscal transfer allocated by the union government.
The budget reveals that the
region’s taxes come primarily from seven sources collected by four departments.
Excise tax, land tax, embankment tax and tax on mineral extraction are
collected by the General Administration Department (GAD) and make up about 52
per cent of the tax collection.
Excise tax, in particular, is
responsible for 44 per cent of the regional taxes. Other taxes include fishery
tax and forestry product tax.
Small and Medium Enterprises (SMES)
It is of great importance to
educate the local people [SMEs] in financial management to know where the
wastage is. And in financing sector, they need to know a business plan as well
as a sustainable plan. Some SMEs are operating without any business plan and
target. Only if they have such plans and targets will their enterprises
develop. Efforts should be made to promote business structure, accounting,
taxation, market management, human resource management and capital management.
As SMEs are major contributors to
Myanmar’s economy and job creation in Bago, it is of great paramount importance
to meet challenges, create business opportunities, upgrade technology and
settle financing issues.
(Translated by Win Ko Ko Aung)



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