Government set to unveil COVID-19 economic response plan

Sub-title: 

Due for release in the coming days, the COVID-19 Comprehensive Response Plan will include new economic stimulus measures and increased funding for the health sector, as well as detail on how the plan can be funded.

Description: 

"The government is set to unveil a COVID-19 response plan that will expand economic stimulus and social protection measures while also boosting healthcare spending to better prepare the country for an expected rise in coronavirus cases. The COVID-19 Comprehensive Response Plan is likely to be released in the coming days, Frontier understands, with the government only waiting for development partners to provide feedback on the final draft. The plan is being kept under tight wraps, with multilateral institutions such as the World Bank – which was heavily involved in drafting the plan – and bilateral donors like the United States, the European Union and Australia, which were all consulted heavily, refusing to comment. Ministry of Planning, Finance and Industry officials who led the drafting process did not respond to requests for interview, while ministry spokesperson and permanent secretary U Tun Tun Naing said he had no specific information on the plan. Support independent journalism in Myanmar. Sign up to be a Frontier member. Multiple sources familiar with the final draft of the COVID-19 Comprehensive Response Plan told Frontier it provides a coherent picture of the government’s economic plans and will make it easier for development partners to contribute through grants and loans..."

Creator/author: 

Thomas Kean, Kyaw Lin Htoon

Source/publisher: 

"Frontier Myanmar"

Date of Publication: 

2020-04-26

Date of entry: 

2020-04-28

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar

Language: 

English

Resource Type: 

text

Text quality: 

    • Good