More development on the books for Mandalay

More development on the books for Mandalay

Related imageMore funding will be used for Mandalay Region development work in the 2019-2020 fiscal year, said Mandalay Hluttaw (Assembly) MP and regional Project Budget and Finance Committee member U Wine Chit Aung. As the Pyidaungsu Hluttaw (Assembly of the Union) has allocated additional funding to regional and state assemblies for fiscal year 2019-2020, more development work can and will be carried out.

More than K17 billion from the 2018 mini-budget and more than K2.7 billion from the 2018-2019 budget have been used so far for development projects. In the 2019-2020 fiscal year, more than K27 billion is anticipated to be used for regional development work. The focus in Mandalay will be on electrification projects to bring electricity to rural areas and work to improve roads to improve transportation for rural people. The projected budget to supply electricity to rural areas is more than K12.8 billion in the current fiscal year and more than K16.4 billion for the 2019-20 fiscal year.

After the new Department of Rural Road Development is in place, it will spend K5 billion this fiscal year and more than K8.3 million in 2019-20. Although the government manages the national grid, many villages are yet to be connected to it so more work will be carried out to connect villages to the grid. The Mandalay Region Hluttaw approved an estimated budget for the region of more than K360 billion for fiscal year 2019-2020 on the second day of its 14th regular session.

Source: Myanmar Times 

1408total visits,1visits today