News

This Week in Parliament (July 17-21)

By The Irrawaddy 22 July 2017

There was no parliamentary session on Monday, Tuesday or Wednesday.

Thursday (July 20)

The Lower House approved the draft law to amend the anti-corruption law. The draft law has also been approved by the Upper House, and will be put forward to the Union Parliament for enactment. The law enacted in 2013 under U Thein Sein government has been amended twice so far.

In the Upper House, Union minister for resources and forestry U Ohn Win, in response to a question by lawmaker U Bwe Khem of Chin State (3), said that the government would undertake a 10-year national afforestation plan, which would contribute to the revival of forests in Chin State.

Deputy Minister for Planning and Finance U Maung Maung Win put forward a draft of the new Myanmar Companies Law to the Upper House. The draft law combines elements of the Myanmar Companies Act of 1914 and the Special Companies Act of 1950, reworked in hopes of attracting foreign investment, he said.

Friday (July 21)

President U Htin Kyaw has put forward a list of nominees to the Union Parliament on Friday for three vice governor positions and five director positions in the Central Bank of Myanmar, which will soon be vacant when existing terms expire.

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