Myanmar’s government has set a target of 195,032 billion kyats in GDP for the 2026–2027 fiscal year, with an expected economic growth rate of 3.4 percent, according to Acting President Senior General Min Aung Hlaing.
He made the remarks during the Financial Commission Meeting (1/2026) held in Nay Pyi Taw on March 6.
The acting president said the government has already laid the groundwork for future development and will hand over state responsibilities to the next government formed after parliamentary sessions following the recent general election.
He emphasized that budget spending should prioritize key sectors such as agriculture and livestock, SME development, and education and healthcare, while also allocating funds for infrastructure repair, disaster recovery, and public services.
Senior General Min Aung Hlaing urged ministries and regional governments to use allocated funds effectively, avoid waste, and ensure projects are completed on time with proper financial management.
He added that strengthening agriculture-based industries, increasing exports, reducing imports, and expanding trade and job opportunities will be crucial for boosting GDP and achieving sustainable economic growth.
Officials at the meeting also presented the 2026–2027 national budget estimates, tax bill, and expenditure plans, along with audit findings and recommendations for improving financial management.
