Decision/Other
Adopted

Parliament approved regime borrowing of 2.1 trillion kyats from the Central Bank

Myanmar's regime won parliamentary approval to borrow 2.1 trillion kyats from the Central Bank to cover its budget deficit, a move observers link to money printing that has weakened the kyat.

Actors and targets

Targets borrow 2.1 trillion kyats from the Central Banktransaction

Source

the regime secured parliamentary approval in October to borrow 2.1 trillion kyats from the Central Bank to plug its budget deficit
theirrawaddyenglishedition · Telegram Open post

Not established

Fields the extractor could not fill from the post. They are gaps in the record, not negatives.

  • Approval year not established

Extracted detail

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Institution
Central Bank
Country
Myanmar
Currency
kyat

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