3 February 2024
The export volume has been rising since the amendment of foreign exchange policy, as The country’s export volume was low as its production capacity was also small, the State Administration Council Chairman said.
The Union Government held its meeting 2/2024 at the meeting hall of the State Administration Council Chairman’s Office here this morning, addressed by Chair-man of State Administration Council Prime Minister Senior General Min Aung Hlaing.
The Senior General said that the country must increase its domestic production. Union ministries must play the leading role in increasing domestic production for national economic development. Moreover, chief ministers should successfully realize the projects.
As a farming-based country, it must try to hit the set targets through four means: strain, land, water, and technology. But the progress depends much on the persons taking the responsibility sector-wise, he added.
Responsible persons must give special priority to increasing the products of the farming sector. People of the sector must be trained to become skilled labor, he continued.
The country has to use a lot of foreign currency to import edible oil and dairy products for domestic consumption. The country has large areas of land suitable for growing edible oil crops. Oil-producing regions and states must give priority to meeting the oil cultivation and production targets. Likewise, main dairy producer regions and states should give priority to increasing dairy products.
Ministries have to provide assistance and technologies to the people who are engaged in manufacturing. Likewise, it is necessary to arrange the construction of manufacturing roads and agricultural water for production. all ministries have to help rural people be healthy and fit, enjoy employment and enjoy so, rural people will have improved work ability. First priority must be given to development of agriculture and livestock farms to improve the State economy.
