Financial easements, procedures to run businesses and promoting the health sector are made in addition to business enterprises in COVID-19 Economic Relief Plan (CERP), according to the Ministry of Investment and Foreign Economic Relations (MIFER).
The MIFER is working together with respective ministries to draw Myanmar Economic Recovery Plan (MERP), said Aung Naung Oo, Union Minister of the MIFER.
The ministry spent over Ks1,989 billion to give out loans worth over Ks1,049 billion and provided Ks940 billion to assist family households in line with the CERP, according to the Ministry of Planning, Finance and Industry.
The ministry lent Ks600 billion for farmers, Ks34 billion for the Myanmar National Airlines, Ks200 billion for MSME fund, Ks100 billion for the MFI, Ks100 billion for the tea shops and Ks15 billion for motion picture, music and theater businesses.
It assisted Ks363.069 billion for family households, Ks6.082 billion for electricity bill in Tanintharyi Region, Ks38.136 billion for rice reserve and palm oil, Ks92.612 billion for Ministry of Agriculture, Livestock and Irrigation, Ks267.903 billion for Ministry of Health and Sports, Ks35.923 billion for Ministry of Social Welfare, Relief and Resettlement, Ks5.076 billion for the election, Ks130 billion for 10,000 units of apartments, Ks1.832 billion for core group/general administrative staffs and Ks0.143 billion for avian influenza.
Donors gave over Ks29.784 billion and US$3 million for COVID-19 fund to purchase vaccines from January 6 to April 23 and the total COVID-19 fund is over Ks30.784 billion and US$253 million including add-on from the state, said Win Shein, Union Minister for Planning, Finance and Industry.
