UNION Ministers U Maung Maung Ohn and U Aung Naing Oo virtually replied to queries raised by reporters from AP, Reuters, the South China Morning Post and Straits Times, China Central Television (CCTV), People’s Daily and Xinhua news agencies at the respective halls of the Union Minister’s offices yesterday morning.
In his introductory speech, Union
Minister U Maung Maung Ohn expressed special thanks for replying to the queries
of the media at the interviews and for their interest in the issues of Myanmar.
The Union minister said that he
would answer the questions together with Union Minister for Investment and
Foreign Economic Relations U Aung Naing Oo.
He highlighted that today’s press
statement would be used after 12:15 pm Myanmar standard time. Generally, the
energy and economic sectors are interrelated, and some development can be seen
in Myanmar. The prices of oil and natural gas triggered by the Russia-Ukraine
conflict are remarkably increasing globally. With regard to the internal
affairs of Myanmar, lesser development of infrastructures, depreciation of Myanmar
kyat currency, financial problems and destruction of terrorists to some power
lines cause harmful impacts on Myanmar people.
Currently, it is necessary to solve
the energy requirement problems to ensure the nation’s peace and stability. At
the same time, new economic sanctions were recently imposed against Myanmar.
Many media mentioned the departure of some foreign oil and natural gas
companies from Myanmar. The two Union ministers will reply to the queries on
these problems at the interviews in rotation.
Union Minister U Aung Naing Oo
expressed his delightedness for meeting the media. He said that he would
discuss progress in the current economic sector and energy sector of Myanmar.
Significantly, he pledged to explain the statements related to the exchange rate of currency in Myanmar. The current government is facing challenges that are different from previous governments. It faces economic sanctions and instabilities in some regions and states. It affects the economy of the nation.
However, the country is in a
situation to open the sectors as the COVID-19 pandemic is under control. The
pandemic caused a delay in the State economy. At present, the development of
the State economy is prolonged. The current government emphasizes the
electricity supply to the country at full capacity. Efforts are being made to stabilize
the State economy, emphasizing the rapid implementation of the energy sector
with new projects.
No matter how severe the challenges
are, the government decides to overcome these challenges so as to convene the
election in 2023. It will continuously strive for stabilizing the economy and
gaining development of the nation, he added.
MNA
#TheGlobalNewLightOfMyanmar
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