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Rakhine State to receive K1 billion from presidential reserve fund

Photo: President's Office

By Kay Zue
September 12, 2014

Development activities in Rakhine State will be allocated more than K1 billion (US$1 million) during the 2014-2015 fiscal year from President U Thein Sein’s presidential reserve fund, the Rakhine State Minister for Social Affairs, Dr Aung Kyaw Min told Mizzima on September 11.

Dr Aung Kyaw Min said the fund would be overseen by Union Vice President Sai Mauk Khan, support development in education, agriculture and fisheries, and be implemented through six working committees.

The involvement of the Vice President and the working groups was required because the Rakhine State Government would be unable to manage the fund independently, said the State Minister.

He added that the fund would support both Buddhist and Muslim communities in the state that has in the recent past witnessed communal violence fuelled by religious and ethnic tensions.

U Aung Win (Rakhine State Hluttaw, Rakhine National Party, Myebon Township) told Mizzima on September 11 that he believed the funds should be managed by people with local knowledge.

“Funds should be spent in consultation with the state government and state hluttaw who understand the needs of the state,”he said.

Other members of the state hluttaw told Mizzima on September 11 that when the Vice President visited Rakhine in the first week of September they had been refused the opportunity to present their opinions on the development needs of the State.

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