When the Commander-in-Chief Min Aung Hlaing declared quite recently that he was toeing the line of Aung San Suu Kyi’s 21st Century Panglong initiative, it looks like that the military, also known as Burma Army or Tatmadaw, is ready to take order from the National League for Democracy (NLD)-led regime and would help facilitate its national reconciliation and all-inclusiveness policy.
A ministerial post is a role of honor and privilege to the person appointed by an elected government in Burma, also known as Myanmar. Burma’s president appointed a Minister for Ethnic Affairs in early April for the first time in the over half a century. The last similar post was a Minister for Cultural Affairs appointed in 1958-1962.
As State Counsellor Aung San Suu Kyi and President U Htin Kyaw flew to Vientiane on 6 May for a short day-trip, seen sending the pair out and fetching them from Naypyitaw airport the very same day, by the Commander-in-Chief Min Aung Hliang, the relationship between the military, better known as Tatmadaw, and the National League for Democracy (NLD) regime seems to be in order.
The Asian Development Bank (ADB) launched its Asian Outlook 2016 report last week, which called for the economy to grow around 8.4 percent this fiscal year. The report is an assessment and prediction on Myanmar’ 2016 economy and the challenges it faces. Overall, it predicts economic growth will recover and inflation will moderate in the 2016 fiscal year.