CERP should focus more on agriculture, livestock sectors: businesses

Economists said the government’s COVID-19 Economic Relief Plan (CERP) should focus more on essential sectors such as agriculture and livestock, which affects longer term food security.

The CERP was announced on April 27 to mitigate the negative impact of COVID-19 on the economy. 

“Myanmar is an agricultural country so we should support these sectors to be prepared for a recovery in foreign demand,” said garment business owner U Tun Tun.

As the agriculture and livestock breeding businesses are ready to operate and also have a secure workforce, these sectors should be prioritised when allocating funds under the CERP, others suggested.