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▶youtube BusinessBanking first seen 2 d ago, last 3 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 shortfall. The figures point to deepening strain on the country's public finances under junta rule, and Burmese-language outlets are widely reporting on the scale of the deficit and the bank's borrowing.

Why now: The disclosure of a huge deficit and central bank borrowing signals worsening economic instability in Myanmar, drawing wide attention.

MyanmarCentral Bank of Myanmarmilitary junta

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