October 20-22, Nay Pyi Taw
Myanmar delegation led by Dr. Wah Wah Maung, Permanent Secretary of the Ministry of Investment and Foreign Economic Relations, virtually participated at the Third Session of the Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development of UNESCAP which is being held on 20-22 October, 2021.
On 20th October, Permanent Secretary of Ministry of Investment and Foreign Economic Relations delivered the Country Statement under the Country statement session. Permanent Secretary highlighted on Myanmar’s efforts with the multiple measures to alleviate the adverse effects of the COVID-19 pandemic , the formulation of midterm Myanmar Economic Recovery Plan (MERP), which includes disbursing concessional loans and financial assistance to Micro, Small & Medium Enterprises (MSME) and exporters, supporting financial stimulus, regulatory stimulus by streamlining procedures, easing the rules and regulations, and encouraging the use of mobile banking system, to remedy the economy affected by the COVID-19, the crucial role of Digital technology in preventing and controlling to pandemic and boosting economy. She underlined the responsibilities of member countries to implement “Leaving no one behind” policy in the promotion of technology, innovation and digital economy and continuation of cooperation and integration with regional organizations and governments to effectively promote sustainable development.
According to the agenda, the meeting will be continued to 22nd October. The resilient and sustainable economic recovery beyond COVID-19, capacity building for investment promotion and measures relating the policies, the innovative and digital financing strategies in support of the Sustainable Development Goals, and the activities carried out in 2020 and 2021 and the COVID-19 will be discussed.
The meeting was attended by 150 delegates from member states, associates members, donor countries and organizations and non-governmental organizations. The meeting was attended virtually by Senior Officials from Ministry of Investment and Foreign Economic Relations and Ministry of Planning and Finance.
