March 30, Nay Pyi Taw

The meeting (3/2021) of Working Committee to address the impact of COVID-19 on the country’s economy was held this afternoon.

The meeting was chaired by U Aung Naing Oo, Union Minister for Investment and Foreign Economic Relations. Members of the working committee Deputy Ministers, from Ministry of Planning, Finance, Industry and Ministry of Labour, Immigration and Population and Ministry of Commence, and representatives of the Ministries concerned joined the meeting.

          In the meeting, the Union Minister highlighted that a six month extension of grace period of COVID loan under the guidance of State Administration Council, the formation of monitoring teams in states and regions to scrutinize the use of COVID-19 loan by the businesses and the revision of functions of the working committee.

          The meeting also discussed matters relating to measures to address the economic impacts of the COVID-19 and further measures to proceed expeditiously.