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Myanmar state counselor calls for transparency, accountability in economic system

Xinhua, October 23, 2016 Adjust font size:

Myanmar State Counselor Aung San Suu Kyi has called for transparency and accountability in economic system to relieve concern of entrepreneurs, official report said Sunday.

Meeting with entrepreneurs and development partners in Nay Pyi Taw Saturday, Suu Kyi also called for upgrading the capacity building of the citizens, stressing the importance of the measure introduced for national development in the long run.

She emphasized the prevalence of rule of law to attract foreign investors, inviting government members, donors and local entrepreneurs to get involved in formulating the national economic policy.

She expressed the government's commitment to modernizing the agricultural sector of the country in the economic policy, pointing out that the agricultural sector stands the main sector on which the majority of the people are dependent upon.

Honoring local successful businessmen including top 158 tax payers, Suu Kyi stressed the importance of paying tax for supporting the country and the need for building a culture under which people feel proud for dutifully paying taxes out of their own will.

In fighting corruption, Suu Kyi urged the people to make formal complaint any time to her office directly or to the ministries concerned.

For rapid economic development, Suu Kyi called on the participants to help the new government with genuine efforts to be able to overcome the challenges, disclosing that the government has formed a committee with donor nations, donor organizations and development partners who want to help the country for its national development.

Suu Kyi also urged for grabbing the opportunity of U.S.'s recent lifting of economic sanctions, saying that the opportunities will contribute not only to the development of the country but also to the region and the world if everyone uses them in the interest of the country.

She highlighted the inter-dependency of economic growth and political progress, saying that economic growth leads to sustainable political progress, and political progress results in economic stability.

The set meeting with Aung San Suu Kyi involved diplomats and businessmen. Enditem