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▶youtube BusinessBanking first seen 2 d ago, last 1 h 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. Burmese-language news coverage of the admission is drawing heavy attention, with readers weighing what the borrowing means for inflation and the weakening kyat.

Why now: News of the junta's large deficit and central bank borrowing signals worsening economic crisis in Myanmar, drawing wide attention.

MyanmarCentral Bank of MyanmarMyanmar military governmentBurmese News Radio

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