'Economy yet to see any real progress'
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Opposition leader Aung San Suu Kyi has told media that Myanmar has yet to see real economic progress, as most people's living conditions have not improved.
Suu Kyi, chairperson of the National League for Democracy, made the remark during a meeting with the media in Nay Pyi Taw on Tuesday.
“Myanmar’s economic situation is not good at present. Briefly speaking, there is no real progress. We can say this judging by the people’s living conditions. Their living standards have not improved yet,” said the opposition leader.
She also blamed the low level of investment in the country on the lack of rule of law and basic infrastructure. Many businesspeople complain that government ministries are slow and inefficient to deal with, said Suu Kyi, adding that national projects should be implemented without depending heavily on foreign investment.
“Set aside what the experts have said; we get the real picture on [economic progress] when we talk to the public. It is common knowledge that foreign investment has not been as large as expected. Shall we just wait for investment to come? Meanwhile, should we not be doing what we, ourselves, can for our own people?” said Suu Kyi.
