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Submitted by moiuser5 on 18 July 2025

The government disburses low-interest loans using the State Economic Promotion Fund, aiming to promote the agriculture and livestock sectors of the country, said Deputy Prime Minister and Union Minister for Planning and Finance U Win Shein.

The Union minister, who is also Chairman of the Union Price Stability Committee, said it is also estimated to grant K688 billion agricultural loans for over five million acres in the 2025-2026 financial year, and the low-interest loan using the State Economic Promotion Fund, at the first meeting of the committee yesterday.

Moreover, he highlighted the guidance of the Prime Minister made at the coordination meeting on national economic development regarding the high production of foodstuffs to ensure the proper prices, promotion of agriculture and livestock-based manufacturing sector and high cultivation of edible oil crops.

He continued that all should supervise not to face a huge impact on prices due to natural disasters, food shortages in the market, high prices and difficulties in trade flows from one region to another.

The vice-chair of the committee and attendees discussed price stability measures, trade flows, mobile food trucks in quake-stricken areas, production rate of rice, cooking oil, meat, egg and kitchen utensils in different regions and states.

The Deputy Prime Minister gave proper instructions and concluded the meeting.

MNA/KTZH

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