USDP tackles economics at Nay Pyi Taw seminar
ENDING 12 months of near-silence, the former ruling Union Solidarity and Development Party has attacked the current government’s failure to improve the social and economic conditions of the country. The USDP, which was turfed out of office by the landslide won by the now-ruling National League for Democracy a year ago, opened an economic seminar on November 19 to discuss the situation.
Party chair U Than Htay said in his opening speech at the event at the party’s Nay Pyi Taw headquarters that its purpose was to urge the government to adopt reforms that would promote economic and social development to help ordinary people.
“This seminar aims to relieve the economic crisis that the public have suffered. We hope the government will consider the topics discussed in this seminar and will apply them to improve social and economic conditions for the public,” he said.
U Than Htay said voters had last year elected a government they hoped would be democratic and would boost the economy. However, he said, even the leaders of the government had admitted that the economy had not yet improved.
“Weakness in the economy will damage peace and the rule of law. The ruling party should seek solutions to the problem through negotiations, and by taking steps to improve people’s lives, increase their security, bring down the cost of living and promote economic development,” he said.
The record of the former USDP government was clear, and the record of the NLD government would be equally clear, he said.
The party’s Myanmar Economic Forum was attended by MPs, party members and NGOs, economic associations and academics, as well as leading USDP members.
“The participants in our discussions will include acknowledged experts in economic management, and in macro- and micro-economic theory and practice. They include former ministers and deputy ministers, leading academics and others who will discuss the serious plight of ordinary people faced with price rises.”
The USDP chair also related what he said were the economic achievements of his government in terms of establishing a minimum wage, raising civil service salaries, fixing pensions, restoring the market economy, controlling commodity prices and balancing the value of the national currency against the US dollar. The USDP government had brought stability, economic advancement, improvements in transportation and peace to the country, he said. – Translation by Zar Zar Soe
The Union Solidarity and Development Party holds a business and economics workshop at the party’s headquarters in Nay Pyi Taw on November 19.