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▶youtube BusinessBanking first seen 2 d ago, last 15 min ago, peak #4

Myanmar Junta Admits 9 Trillion Kyat Budget Deficit

Original: Junta Admits 9 Trillion Kyat Deficit as Central Bank Borrows 2.1 Trillion — Burmese News Radio

Myanmar's military government has acknowledged a budget deficit of 9 trillion kyat, with the Central Bank of Myanmar borrowing 2.1 trillion kyat to help cover the gap. The figures point to deepening strain on the country's public finances under junta rule, and the report is drawing wide attention among Burmese audiences following the country's political and economic crisis.

Why now: Disclosure of a huge deficit and central bank borrowing highlights worsening economic conditions in Myanmar under military rule.

MyanmarCentral Bank of MyanmarBurmese News Radio

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