Myanmar’s Finance Minister Kyaw Win Promotes Education for ASEAN MSMEs

May 10th, 2017
Myanmar’s Union Minister for Planning and Finance His Excellency Kyaw Win.

Myanmar’s Union Minister for Planning and Finance His Excellency Kyaw Win.

H.E. Kyaw Win, Union Finance Minister of Myanmar, delivered a speech in the Prosperity for All Summit on behalf Myanmar’s State Counsellor Aung San Suu Kyi.

During his message, Kyaw Win gave recognition to the ASEAN Business Advisory Council’s initiative to empower micro, small and medium enterprises. He emphasised the agency of the MSMEs in the economic agenda of the ASEAN Community.

Due to integration, Kyaw Win said, the region has become less susceptible to crises and consequently, more valuable to the global economy. He then stated the private sector’s role in ensuring the commitment of the region to growth and cooperation. As such, an overall theme to Kyaw Win’s message was closer coordination and cooperation amongst governments and the private sector in order to drive growth and integration.

The MSMEs has been a key driver in ASEAN’s progress as they have drawn more interest to the region and account for a lot of our region’s GDP contribution  and employment. Ultimately, Kyaw Win’s message in light of Prosperity for All was to equip and educate the MSMEs in the ASEAN in order to narrow development gaps  across the ASEAN.