Myanmar approves basic framework for economic, social reform

Yangon, Dec 28 - Myanmar's Planning Commission has approved a 10-point basic framework for economic and social reforms, official media reported Friday.

The basic framework covers finance and taxation reform, monetary sector reform, relaxation of regulations on trade and investment, undertakings for private sector development, health and education reforms, plan for food sufficiency and agricultural sectors development, plan for upgrading of mobile communication services and internet system.

It also covers infrastructural development programs and programs for emergence of effective and efficient governing system and transparency, reported Xinhua citing the New Light of Myanmar.

Speaking at the conclusion of the commission meeting Thursday in Nay Pyi Taw, President U Thein Sein said the two-day discussions, based on people-centred development approach, ranged from socio-economic, political and administrative objectives to 2013-14 fiscal year targets of national planning.

He underlined efforts in ensuring participation of all citizens in political process which is essential to put economic reform in place, stressing the need to make continued efforts to foster equal rights for each and every citizen to work as well as job opportunities, instituting economic reform, especially on rural development and poverty alleviation of rural people.

He emphasized improvement of public healthcare service, social security, access to electricity and better communication service.

He said that urbanisation projects must be implemented to ensure better living standard of the citizens. (IANS)

Region: 
General: 



Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Popular Stories

Sufi legend Begum Yaman passes away at 52

New Delhi [India], Apr 28 : Famous sufi singer and... Read More

No farmer committed suicide over drought: TN Govt. to SC

New Delhi [India], Apr. 28 : In a development bound... Read More

Never took studies as 'burden', says JEE 2017 topper

Udaipur (Rajsthan) [India], Apr 28 : Kalpit Veerwal... Read More

Narada sting: ED files case against TMC leaders

New Delhi [India], Apr. 28 : After the Central... Read More

UP STF raids petrol pumps, eight caught using cheating chip

Lucknow (Uttar Pradesh), April 28 : The special... Read More

UP school issues bizarre diktat: Yogi haircut

Meerut (Uttar Pradesh) [India], Apr 28 : In a... Read More