The Union Ministers U Maung Maung Ohn and U Aung Naing Oo virtually replied to queries raised by reporters from AP, Reuters, the South China Morning Post and Straits Times, China Central Television (CCTV), People’s Daily and Xinhua news agencies at the respective halls of the Union Minister’s offices on 21 April.
The Union Minister U Maung Maung Ohn replied the queries raised by the respective reporters as follows:
- Generally, the energy and economic sectors are interrelated, and some development can be seen in Myanmar.
- The prices of oil and natural gas triggered by the Russia-Ukraine conflict are remarkablyincreasing globally.
- With regard to the internal affairs of Myanmar, lesser development of infrastructures, depreciation of Myanmar kyat currency, financial problems and destruction of terrorists to some power lines cause harmful impacts on Myanmar people.
- At the same time, new economic sanctions were recently imposed against Myanmar by some Western powerful countries. Many media mentioned the departure of some foreign oil and natural gas companies from Myanmar.
The Union Minister U Aung Naing Oo replied the queries raised by the respective reporters as follows:
- Significantly, he pledged to explain the statements related to the exchange rate of currency in Myanmar that was interested by media now.
- The current government is facing challenges that are different from previous governments. It faces economic sanctions and instabilities in some regions and states.
- The current government emphasizes the electricity supply to the country at full capacity.
- Efforts are being made to stabilize the State economy. As energy sector is the priority, the government is emphasizing the rapid implementation of the energy sector and calling for new projects.
No matter how severe the challenges are, the government decides to overcome these challenges so as to convene the election in 2023. It will continuously strive for stabilizing the economy and gaining development of the nation, he added.
- Generally, the energy and economic sectors are interrelated, and some development can be seen in Myanmar.
- The prices of oil and natural gas triggered by the Russia-Ukraine conflict are remarkably increasing globally.
- With regard to the internal affairs of Myanmar, lesser development of infrastructures, depreciation of Myanmar kyat currency, financial problems and destruction of terrorists to some power lines cause harmful impacts on Myanmar people.
- The current government is facing challenges that are different from previous governments. It faces economic sanctions and instabilities in some regions and states.
- No matter how severe the challenges are, the government decides to overcome these challenges so as to convene the election in 2023. It will continuously strive for stabilizing the economy and gaining development of the nation.