Economy of Myanmar
Economic Myanmar policy since he seized power, new to the Burmese economy from central planning. (Centrally-planned economy) is a fully liberalized market and promote investment from outside. Export Promotion Tour And expand economic cooperation with the region. But in practice Myanmar's economic restructuring in progress. The Myanmar government has not implemented fully in that direction. The government continues to control and intervene in strict manufacturing sector has changed the rules on trade, investment, often present. Although the government has not implemented any major reform economy. But to accelerate the development of agriculture. The promotion of foreign investment. Tourism promotion Of resources (Especially natural gas, and hydro) and infrastructure development
in the country. Government to focus on the production and export of goods, beans, rice, rubber, etc. The Board of Trade (Trade Council) under the supervision of the Deputy General Manager Maung Aye was fine for exporting beans up to achieve agility. and incentives for farmers to grow the crop. And the regime is trying to promote the cultivation of rice for export
energy investments in Myanmar, income from abroad, the most important of the Burmese in 2547 - 2548, the Myanmar government has signed a natural gas exploration to private companies overseas. including China, Thailand (PTTEP), India and South Korea. Current energy investments in Myanmar, with approximately 88 percent of all foreign investment in Burma. Has invested about 95 million US dollars in 2546 and US $ 128 million in 2547, the government also plans to open areas for oil and gas in the sea to private. Foreign investment, exploration and drilling an additional 13 plots (still reserves of oil and natural gas onshore for oil and gas enterprises. Nature of Burma) while from hydropower cooperation with
Thailand and China. This project is Senior Gen. Than Shwe, a significant
economy of the Philippines
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 is to raise that. 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 the year 2549 Philippine economy grew by 5.4 percent, and there are good prospects in the market for export. investment, employment and confidence in
the economy. The government insists
2. Strategic Plan for the new economy of the Philippines, according to a statement by President Arroyo on July 24, 2549 will focus on economic development and zoning to develop into 5 fields (Mega Regions) is Northern Luzon, Metro Manila, Philippines, Central Mindanao and cyber core. The Tudors to be invested into the main area of economic development as well as targeted and comprehensive decentralization to participate in the planning. In addition, economic conditions, the Philippine government is trying to reduce barriers to doing business in the Philippines in order to stimulate
investment and trade, especially in the tourism and export
3. Factors supporting the economy of the Philippines is Filipino workers overseas remittances increased. Foreign direct investment and foreign exchange reserves increased. Exports and business services sector grew. And inflation at
4. Economic and social issues in the Philippines, including unemployment. Poverty Political instability issues And barriers to the delay of the implementation process and the public sector. Which affect the climate for investment and economic stability are also issues of income distribution and land reform was delayed. Make farmland average decline.
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