20-year economic plan sent to Parliament

The government has submitted to Parliament the National Comprehensive Development Plan for 2010-2030, a framework for long-term development.

It was drafted based on the major policies for the country’s economic reforms, said Dr Kan Zaw, Minister for National Planning and Economic Development.

Development challenges described in the 20-year plan are the weaknesses of the governmental organisations, poverty, regional inequality and lack of transport. 

Economic development heavily relied on the capacity of the government, it said, adding that management skills in the civil service at the union and regional levels were too weak to expand into the global economy.

Bribery, loss-making state-owned enterprises and a weak judiciary might undermine trade, the plan said.

Four five-year plans will be implemented separately. MPs have until January 14 to submit requests to discuss it.