For housing projects being implemented by the Urban and Housing Development Department, a third party organisation should be authorised to scrutinise things such as spending, work progress, benefits, and loss as well as wastage, submitting a report afterwards on findings to the Union Parliament, suggested MP Dr Maung Maung from Yangon Region Constituency No (6).
The MP made the remark in his discussion of the principles and basic concepts related to the national planning bill and the union budget bill for 2018-2019 fiscal year, projects and budgets and spending during a session of the Union Parliament held in Nay Pyi Taw on September 3.
Dr Maung Maung also stressed the need for the Public Accounts Joint Committee to submit its findings of the housing projects the department is taking charge of.
According to facts and data for 2018-2019 FY submitted to parliament, demanded budgets are about K5 billion each for rental staff housing projects in Yangon, Mandalay and Nay Pyi Taw, and about K1.5 billion for a low-cost housing project near Thilawa Industrial Zone in Yangon Region.
The lawmaker said that the above data were from the lists distributed to the parliamentarians, and only the cost of each project (not overall project expenses) was included. He added that such amounts should be under the title of project infrastructures because they are mentioned under the titles of electricity, fencing and sanitation.
"I have a question as to whether demanding budgets under individual titles is in line with the financial rules, disciplines and procedures. How much a whole project will cost should be mentioned. There are also housing projects that started under the previous government. People want to know how those projects will benefit the country today. I would to like to suggest that committees should inspect that," said MP Dr Maung Maung.
He asked he wanted to know if loss and profit are calculated in those housing projects adding that the government itself should make sure checks and balances as Myanmar practises market economy.