January 27
Measures are being taken to generate enough electricity, and the year of 2025 is targeted to have enough power supply, State Administration Council Chairman Senior General Min Aung Hlaing said.
The Senior General made this comment during the Union Government Meeting 1/2023 held at the meeting hall of the Office of the Chairman of State Administration Council in Nay Pyi Taw on 27 January.
The Senior General said electricity needs are the country’s biggest challenge. Under the previous governments, hydropower projects were implemented but some projects were stopped or cancelled for various reasons.
Enough electricity will help improve the country’s productivity and public transport system. Electricity consumption in public transport can reduce fuel usage and foreign exchange spending. Therefore, efforts are being made to generate enough electricity. During our tenure, we are making all-out efforts for national development, he added.
In additions, the Senior General said about economy of the country. He said the Tatmadaw government has encouraged domestic manufacturing enterprises based on agriculture and livestock breeding for the economic growth of the country. Now, the economy of the country has improved to a certain extent and the economic sector of the country has begun to take off. It is necessary to manufacture quality domestic products to meet the demand and to supply sufficient goods needed in the market to maintain price stability. Measures must be taken to provide raw materials and inputs at reasonable prices and human resources necessary for the manufacturing sector. If production costs can be reduced, commodity prices will drop.
