Economy of Myanmar
Economic Burma policy since he seized power, the new regime will change the economy from central planning system. (Centrally-planned economy) as opening up markets and encourage investment from outside. Export Promotion tourism And expand economic cooperation with the region. But in practice Myanmar's economic restructuring progress. The regime is not fully implemented in such directions. The government continues to control and interfere in the manufacturing sector has strict regulatory changes in trade, investment often present. Although the government has not carried out any major reforms for an economy. But trying to accelerate the development of the agricultural sector. The promotion of foreign investment. Tourism promotion Resources used (Particularly natural gas and hydro) and infrastructure development
in agriculture. The regime is so vital to the production and export of spring Taau beans, rice, rubber, etc. by the Federation of Trade (Trade Council) under the direction of Vice Admiral senior Maung Aye has adjusted the export beans up to. mobility and incentives for farmers to expand cultivation. And the regime is trying to promote the planting of rice for export
energy investments in Myanmar as sources of income from abroad, the most important of Burma in 2547 - 2548 the government of Myanmar has signed a natural gas exploration to private companies abroad. including China, Thailand (PTTEP), India and South Korea. Current energy investments in Myanmar have accounted for about 88 percent of total foreign investment in Myanmar. Has invested about 95 million US dollars in 2546 and 128 million US dollars in 2547 unless the government prepares to open the area for oil and gas in the sea to private. Foreign investment in exploration and drilling an additional 13 plots (still reserves of oil and natural gas onshore for oil and gas enterprises. The nature of Burma) while the hydropower cooperation with
Thailand and China. This project is the Senior Gen. Than Shwe to critical
economic Philippine
economy: in a good fiscal position improved. The revenue from the levy higher than the target set. The income from the IRS (Bureau of Internal Revenue: BIR) accounted for 70 percent of total revenue for the government. As a result, there is a high possibility that the budget deficit this year will be based on the target. Set at 4.7 percent of GDP, or 202 billion pesos
of the policy on economic, social and employment are detailed as follows:
1. The government continued investment in infrastructure, education, health, job creation, and aims to provide a balanced budget in 2551, in 2549 the economy of the Philippines grew by 5.4 percent and has good prospects in the market for exports. investment, employment and confidence in the
economy. The government confirmed
two. Strategic Plan for the new economy of the Philippines as a statement by President Arroyo on July 24, 2549 will focus on economic development with zoning to be developed into five zones (Mega Regions) is Northern Luzon, Metro Manila, Philippines, Central Mindanao and the Cyber Corps. Chris Theodore, to be able to throw the budget into key areas of economic development as well as targeted and comprehensive decentralization to participate in development planning. In addition, economic conditions, the Philippine government efforts to reduce barriers to doing business in the Philippines, to spur
investment and trade, especially in the tourism and export-
3. The Philippine economy is driven by overseas Filipino workers remittances rise. Foreign direct investment and foreign reserves increase. Exports and business services sector grew. And inflation fell by
four. Philippine economic and social problems, including unemployment. Poverty Political instability And disruption from the late stages of the government. Which affects the investment climate and economic stability are also problems of income distribution and land reform was delayed. Make farmland declined.
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