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Union Parliament: Discussions On Project Loans And Planning And Budget Bills

22 February 2018

The union parliament convenes its 9th day of 7th regular session on Thursday. First, the parliament recorded the bill of the registration of deed.

The members of union level organizations clarified the 14.949 billion Yen of loan from Japan International Cooperation Agency (JICA) sent by the president office and sought the approval of the parliament for it. The ministry of home affairs, defense and border affairs clarified the allocated spending of 26011.131 million kyats from the emergency fund included in the Union Budget Law 2017 sent by the president office and the parliament recorded it.

The members of concerned union level organizations clarified the loan of 15 billion Yen from Japan International Cooperation Agency, the loan of 360 million USD from Asia Development Bank and ASEAN Infrastructure Fund and the loan of 80 million USD from Asia Development Bank to be taken for the projects of the ministry of construction. 

The members of union parliament discussed the principles, basic concepts, projects and income and expenditure of the national planning bill and union budget bill from April to September 2018.