Myanmar AiiBurma Aii
The Thadin - All your Myanmar news
"The BINDEZ Thadin" is a Myanmar based feed for Android that will help Burmese subscribers find, listen to, study and look for messages in Burmese. We aim to provide the most user-friendly reader experiences for the Myanmar population. Please feel free to downlaod "BINDEZ Thadin" and start today - it's free! Find out more about the "BINDEZ Thadin" app and our Bindez company: For advice and further useful information, please go to our website http://www.bindez.com/mobile and join us on Facebook at http://www.facebook.com/burmaindex.
The International Monetary Fund. Division Asia and Pacific
In the coming years, the rate of increase will accelerate with annual sales growing by an annual rate of around 8¼ per cent, and the rate of rate of inflation is expected to soar. In 2013/14, the budget deficits are expected to increase to 3 per cent of GNP, to around 5 per cent of GNP by 2014/15, but to fall below 5 per cent of GNP in the midterm.
More aggressive use of the instruments of money management and the creation of automatic transmission of FX revenues from the government to the CBM are needed. Fiscal policies and management should be aimed at simplification of the system and preparation for the imposition of value added taxes. Capacities will be essential for achieving the political goals.
Barack Obama promises to lift all sanctions against Myanmar
Washingington - On Wednesday, Obama promised to end all residual Myanmar penalties to pay for the country's recent steps towards democratization after centuries of violent army domination. White House announced during a recent mission by Daw Aung San Suu Kyi, Myanmar's chief, whose win in last year's Obama government won last year's Obama election was seen as a success in the president's presidential policy of working with nations that the United States had long withheld.
"Partly because of the advances we have seen in recent months," Obama said in the Oval Office while sitting next to Aung San Suu Kyi, "the United States is now ready to lifted the penalties we have been imposing on Burma for some while. "It' s the right thing to make sure that the Burmese nation gets a new way to do businesses and a new government," the US Chairman said.
However, the move was quickly criticised by the heads of some groups of people who said that it was too soon to abolish the penalties in the face of gradual changes in Myanmar, also known as Burma, where the army still inspects much of the parliament's seat and important departments. The exact date for lifting the residual penalties remains uncertain; they cover trading in Java and gemstones and business with certain members of the armed forces or their families.
Limitations imparted by Congress, which include penalties in respect of North Korea and those regulating the sale of weapons and judicial co-operation, will continue, unless the legislature votes to repeal them. Mr Obama relocated in May to relax a wide range of penalties that prevented US nationals and businesses from doing trade with Myanmar and relaxed constraints on state institutions and corporations.
But at that period he officially issued a governmental statement of the state of state of emergency for Myanmar, which describes the state as an "extraordinary threat". "Formerly on Wednesday, Mr Obama sent an formal message to Congress that he restored the commercial advantages for Myanmar, which were withdrawn in 1989 due to labour fears, and allowed him to qualified for a programme that would allow impoverished nations to import into the United States duty-free thousands of goods.
Obama's choice to go one stage further and completely abolish penalties is a reflection of his conviction to use the diplomatic power combined with the easing of penalties to encourage former international opponents to be more open. This was at the core of the deal Obama reached with Iran last year to ease penalties in return for restrictions on the country's national nuclear programme, and was the main driver behind the launch of a dialog with Cuba.
Aung San Suu Kyi has begun to cure the longstanding racial conflict in Myanmar since taking office six month ago. Under the leadership of Kofi Annan, former Secretary-General of the United Nations, she called on a staff to investigate the predicament of the Rohingya, a group of about one million Muslims who live in West Burma in terrible circumstances.
But Aung San Suu Kyi had refused to use the word "Rohingya" to describe the prosecuted Moslem people who have been living in Myanmar for generation, and angry right-wing extremists who had been hoping that she would change a discriminating policy that marginalised Rohingya and led many to deport. Decisive policy changes still need to be made, such as changing Myanmar's constitution to eliminate MPs' power to over 25 per cent of parliament houses, their capacity to disband parliament in a time of domestic emergencies, and their power to over the country's secuity-defence and frontier-ministry.
Aung San Suu Kyi said she was thankful to the United States for imposing penalties that put pressure on Myanmar to re-establish respect for mankind, but added that the moment had come to lift the restriction. Aung San Suu Kyi said that her first prioritisation was "national conciliation and peace" and acknowledged that she needed to do more to get the regime to take over civil office.
"There is a constitution that is not very democratic because it gives the army a particular place in politics," she said. The White House on Wednesday stressed that Mr Obama had not been influenced by concerns about his bequest to lift penalties before Myanmar showed further headway in its move towards democratisation.
"It was very much in the President's interest to make as much headway as possible in helping the Myanmar population and the Myanmar administration to pursue political reform, but the move to end the country's emergencies was motivated by the advances they have made in Burma - not by the United States electoral calendar," said Josh Earnest, the White House spokesman.