Myanmar

Myanmar plans jump in health, education spending

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02 Feb 2012 11:53 Source: Reuters // Reuters

  • Military to still have large slice of the budget

  • Health spending to quadruple, education to double

  • Myanmar owes $11 bln external debt

  • Foreign exchange reserves are $7.2 bln, finmin says (Recasts, adds budget details)

By Aung Hla Tun

YANGON, Feb 2 (Reuters) - Myanmar's government has proposed a budget for the 2012/13 fiscal year that would give a huge boost to the health and education sectors but still provides far greater resources for the armed forces.

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