Ayeyawady contributing largest timber revenues

Ayeyawady Region is the largest contributing state for timber revenues to the central government in the fiscal year 2013-14. The government received Ks 400.57 million of Ayeyawady’s timber earnings, according to the study on natural resources, regional governments and wealth sharing in Myanmar. The study, under the title “Natural Resources and Sub-national Governments in Myanmar: […]

ADB urges central gov’t to confirm loans for Green City project

MANDALAY—As implementation of the Green City project is expected soon and the project will take eight years to complete, the central government needs to confirm the loans provided by the Asian Development Bank (ADB) for the project, according to advisers from the bank. Eric Fonda from the ADB said the bank wants to know which […]