‘Other Accounts’ of Union Govt Ministries, Agencies to Be Scrapped
The Irrawaddy (Eng)
State enterprises’ income will go straight into govt coffers; the goal is to give Parliament greater control of spending and reduce the budget deficit.
Myanmar’s oil & gas revenues can no longer be diverted into so-called “other accounts”. This week the gov announced reforms. Money will go into state budget - so can be used for social spend.
research was 1st to expose scale of problem.