Government take large loan
ISPR requests not to get misled by rumours over security of St. Martin’s
ISPR requests not to get misled by rumours over security of St. Martin’s
Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.
Govt to secure large loans from banks and savings bonds
Govt to secure large loans from banks and savings bonds
To overcome budget deficit, the government is increasing its reliance on bank loans. For the upcoming fiscal year 2024-2025, similar to the current fiscal year, the government has planned to borrow a significant amount from banks. This accounts for nearly 54% of the deficit and 17% of the total budget.
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