YANGON, Myanmar (AP) - Myanmar's pro-democracy group has criticized the government's recently released budget for allocating too much money to the military and not enough to social services.
A statement Friday from Aung San Suu Kyi's officially disbanded National League for Democracy also said the budget should have been passed by the newly elected parliament, rather than enacted by the outgoing ruling junta.
The government enacted the budget on Jan. 27, just a few days before parliament met for the first time in more than two decades. Details published in the Government Gazette revealed that almost one-quarter of the 7.6 trillion kyat ($8.45 billion) national budget will be allocated to defense. Education will get a 4.3 percent share, and health 1.3 percent.
Source:http://www.canadianbusiness.com/markets/market_news/article.jsp?content=D9LOFU781
A statement Friday from Aung San Suu Kyi's officially disbanded National League for Democracy also said the budget should have been passed by the newly elected parliament, rather than enacted by the outgoing ruling junta.
The government enacted the budget on Jan. 27, just a few days before parliament met for the first time in more than two decades. Details published in the Government Gazette revealed that almost one-quarter of the 7.6 trillion kyat ($8.45 billion) national budget will be allocated to defense. Education will get a 4.3 percent share, and health 1.3 percent.
Source:http://www.canadianbusiness.com/markets/market_news/article.jsp?content=D9LOFU781
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