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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 fiscal strain under the junta, and the news is drawing heavy attention as an indicator of the country's worsening economic crisis.
Why now: The scale of the deficit and central bank borrowing signals a worsening economic crisis under military rule.
MyanmarCentral Bank of MyanmarMyanmar military governmentBurmese 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 · 108.8K
- Junta Admits 9 Trillion Kyat Deficit as Central Bank Borrows 2.1 Trillion — Burmese News Radio · Burmese News Radio · 46.6K
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