State Economic Promotion Fund: Management Committee held its meeting

The State Economic Promotion Fund Management Committee held its meeting at the Ministry of Planning and Finance in Nay Pyi Taw on Wednesday morning.

At the meeting, Deputy Prime Minister and Union Minister for Planning and Finance U Win Shein in his capacity as chairman of the committee stressed the systematic supervision of loan disbursement and efficient utilization of the allocated fund.

The members of the committee presented reports on loan disbursement and recovery for summer paddy, mung bean and rainy paddy plantations and development of oil milling sector as well as the arrangements for the difficulties encountered during loan disbursement procedures and effective supervision of the loan disbursement procedures.