Oct 19, 2011

Myanmar - Myanmar vice president calls for efforts in reducing poverty rate



YANGON, Oct. 18 (Xinhua) -- Myanmar Vice President Dr. Sai Mauk Kham has called for efforts in narrowing gap between urban and rural areas in a bid to reduce poverty rate down to 16 percent in 2015 to meet the United Nations' Millennium Development Goal, a state media reported Tuesday.

Addressing a meeting of the Rural Development and Poverty Alleviation Work Committee in Nay Pyi Taw Monday, Sai stressed the need to carry out the tasks up to December 2015 in line with the 10 work programs worked out for poverty alleviation, said the New Light of Myanmar.

He emphasized the need to extensively grow crops which are favorable to regional climate, drawing farm activities and non- farm activities programs for rural people.

He maintained that one village one product program and rural industrialization program play an important role in implementing the non-farm activities, stressing the need to supply raw material, electricity and smooth transportation for development of small- scale industries .

He also stressed development of micro-credit scheme for vendors, hawkers and daily-waged workers as well as development of cooperatives societies to gain confidence from the people.

Other calls include development of socio-economic life of rural people with priority given to education, health, transportation, safe drinking water and irrigation.

Moreover, production of energy from biogas and environmental conservation were also encouraged.

Myanmar has started its poverty alleviation efforts with rural areas in some townships across the country with regional work committees at different level being set up for the implementation.

Model farms are being projected to be established to speed up the process of mechanized farming along with integrated farms and micro producing enterprises village-wise, providing micro finance for successful formation of private micro finance institutions, improving education, health and social affairs to improve the socio-economic status of the rural people.

Managable scale production of energy such as bio-gas and solar energy for adequate energy supply to rural areas, prevention of deforestation and afforestation of bare land for environmental conservation are also covered by the tasks.

Myanmar's new government has formed the Central Committee for Rural Development and Poverty Alleviation to monitor tasks for rural development and poverty alleviation with foundation in transport, supply of clean and irrigation water, education, health and economy in rural areas and the committee is now in pursuant of eight tasks to achieve the goal.

In accordance with the target set for 2015 by the UN Millennium Development Goals, the Myanmar government is giving high priority to poverty reduction and rural development scheme despite the decrease of Myanmar's poverty rate from 32 percent in 2004-05 to 26 percent in 2009-10.

Myanmar is yet to strive for further bringing down the country' s poverty rate by 16 percent by 2014-15 from 26 percent in 2009-10 in accordance with the UN Millennium Development Goal.

Of Myanmar's total population of bout 60 million, 70 percent live in rural areas.

The government claimed that it is heading for its fifth five- year plan (2011-12 to 2015-16) for national economic development, setting an annual target of 10.5-percent economic growth for the fiscal year 2011-12 which started in April.

Editor:Luo Yuan
Xinhua



Business & Investment Opportunities
YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Consulting, Investment and Management, focusing three main economic sectors: International PR; Healthcare & Wellness;and Tourism & Hospitality. We also propose Higher Education, as a bridge between educational structures and industries, by supporting international programs. Sign up with twitter to get news updates with @SaigonBusinessC. Thanks.

No comments:

Post a Comment