Lack of budget hampering MCDC: mayor
MANDALAY City’s municipal authority is staring at a long development to-do list, and a lack of funds to do it with, the mayor told regional lawmakers last week.
Improving Myanmar’s secondbiggest city will depend on finances, U Ye Lwin, mayor and head of Mandalay City Development Committee, said at the fourth day of the third parliamentary session. But without boosting tax revenue, the local administration has its hands tied, he added.
His remarks were made in response to a projected Master Plan for Mandalay.
“According to the current budget allocation, we would have to prioritise work mainly for one township or one ward, but we cannot operate like that,” he said. “If we follow the Master Plan, we are talking about repairing electric lines, water pipes, installing a dam system and other projects for the whole city. To do this, we have to fix tax collection.”
However, in March, Mandalay Region reported exceeding tax collection targets for the second year running. The regional finance department said its biggest earner for the past year was income tax.
Tax for the 28 townships in Mandalay Region, not including Nay Pyi Taw, for the 2015-16 financial year exceeded K123 billion, surpassing the Internal Revenue Department’s K115 billion target.
Vice President Henry Van Thio said nearly K1700 billion is estimated to be shared with all 14 states and regions from the Union budget. The Ministry of Planning and Finance has pledged to start differentiating budget allocations based on regional needs in the 2017-18 fiscal year. – Translation by Khine Thazin Han