Jan 27, 2013

Myanmar - Burma’s budget deficit falls to 3.2 percent

Follow Me on Pinterest
The Ministry of  has announced that the budget deficit has fallen to 3.2 percent for 2012-2013. This is a drop from 4.9 percent in the previous fiscal year.

Deputy Minister of Finance and Revenue Dr. Maung Maung Thein said in the Lower House on January 23 that, “The commodity price and exchange rate seems stable.”

“The interest rate is adjusted depending on economic development movement. Deposit money systems, loan systems, and tender systems have been conducted since September 2012 according to market procedure," said Dr. Maung Maung Thein.

Khin Myo Thwe

http://www.mizzima.com

Business & Investment Opportunities
Saigon Business Corporation Pte Ltd (SBC) is incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Strategy, Investment and Management, focusing Health care and Life Science with expertise in ASEAN 's area. We are currently changing the platform of www.yourvietnamexpert.com, if any request, please, contact directly Dr Christian SIODMAK, business strategist, owner and CEO of SBC at christian.siodmak@gmail.com. Many thanks.

No comments:

Post a Comment