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Economy

Myanmar economy needs 'predictable policy,' new reform leader urges

In first public speech after taking new role, Set Aung offers to-do list to government leaders

Set Aung, deputy minister for national planning and finance, speaks at the Myanmar Democratic Transition Forum on Aug 12 in Naypyitaw. (Photo by Yuichi Nitta)

NAYPYITAW -- "Winston" Set Aung, Myanmar's newly-appointed deputy minister for national planning and finance, has urged fellow government leaders to pursue further regulatory and policy reforms for the economic development of Myanmar during a panel session at the Myanmar Democratic Transition Forum.

"It is required to establish predictable and stable policy with clear and simple procedures," said Set Aung, emphasizing the importance of consistency and transparency of policy, such as license and permit application procedures.

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