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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 shortfall. The figures point to deepening strain on the country's public finances under junta rule. Reports of the admission have drawn widespread attention, with many voicing concern over inflation, the weakening kyat and the sustainability of central bank financing of state spending.

Why now: The scale of the deficit and central bank borrowing signals a worsening economic crisis in Myanmar, drawing intense public attention.

Myanmar military governmentCentral Bank of MyanmarBurmese News Radio

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• Junta Admits 9 Trillion Kyat Deficit as Central Bank Borrows 2.1 Trillion — Burmese News Radio · Burmese News Radio · 105.5K
• Junta Admits 9 Trillion Kyat Deficit as Central Bank Borrows 2.1 Trillion — Burmese News Radio · Burmese News Radio · 42.2K

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