Financial commission moves to reapportion union budget
The Financial Commission hopes to reapportion the 2016-17 Union Budget, looking to allocate more funds to the education, health and social welfare sectors. Zaw Htay, President’s Office spokesperson, told The Irrawaddy on 16 June that Vice President Myint Swe manages the budgets of Union-level ministries and agencies, while Vice President Henry Van Thio oversees the budgets of state and division governments. “The budget should be supervised systematically and how much of the budget is allocated to what, and why, should be transparent,” President Htin Kyaw was reported as saying.