Myanmar: Government reveals 12-point economic policy

Myanmar: Government reveals 12-point economic policy

Friday, 29 July 2016 – The government has presented its long-awaited economic policy on July 29, highlighting the importance of developing a market-oriented system “in all sectors” and establish an economic framework in support of national reconciliation. Stakeholders looking for a detailed timeline or structured plan were left disappointed. Some felt the three-page document was too vague to be useful, while others were more forgiving, noting that the government has been in power for just four months, and has not had time to write detailed policy papers.

On July 29, Daw Aung San Suu Kyi presented the policy to diplomats, businesspeople and donors. Most reporters were told to wait outside, but a 12-point summary was passed to members of the media after the event. A longer English-language document seen by The Myanmar Times elaborates on some of the key points. Read More?