State Economic Development Fund Management Committee Coordination Meeting 3/2025 held

The State Economic Development Fund Management Committee Coordination Meeting 3/2025 was held yesterday morning at the Internal Revenue Department, Office 46 in Nay Pyi Taw and attended by Committee Chairman Union Minister for Finance and Revenue Dr Kan Zaw, Committee Members Union Minister for Agriculture, Livestock and Irrigation U Min Naung, Union Minister for Cooperatives and Rural Development U Hla Moe, Union Minister for Industry Dr Charlie Than, Union Minister for Commerce U Chit Swe, Deputy Minister for Finance and Revenue Daw Than Than Lin, permanent secretaries and heads of departments.

Committee Chairman Union Minister Dr Kan Zaw first highlighted that the State Economic Development Fund has been distributing concessional loans to the Ministry of Finance and Revenue, the Ministry of Agriculture, Livestock and Irrigation, 14 region/state governments, and six self-administered regions from 1 September 2022 to 10 December 2025.

He also mentioned the loan provision for agricultural cultivation, livestock breeding and agricultural machines like the drum seeder in the specific regions.

Then, Union ministers, the deputy minister, and senior officials discussed the provision of the loan for agriculture and livestock breeding projects in the respective ministries, states and regions.

Afterwards, the Secretary of the State Economic Development Fund Management Committee explained the status of the implementation of the decisions of its 2/2025 Meeting.

The committee has been providing concession loans under the State Economic Development Fund for the implementation of development projects in line with the four objectives of the National Defence and Security Council to improve the socioeconomic lives of the people.

MoFR

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