At the Pyidaungsu Hluttaw’s oath-taking ceremony, the inauguration of the new government began with a speech delivered by the President. This address also serves to present the objectives, policies, and positions of the new government to the people through the Pyidaungsu Hluttaw. The entire population across the country has already seen and heard the President’s speech through the media.
In his speech, it was stated that the new government will set and implement objectives aimed at strengthening a genuine and disciplined multiparty democratic system; building a Union based on democracy and federal principles; promoting the education and health sectors; developing MSMEs; increasing domestic and foreign investment; reducing poverty and improving the lives of farmers; enhancing socioeconomic conditions of the population; promoting the use of renewable energy; expanding public transport; strengthening friendly relations with neighbouring countries; ensuring fairness and integrity in the courts; and upholding the rule of law.
Myanmar is endowed with strong potential for economic development in various sectors; however, it remains impoverished due to an inability to fully identify and utilize its available opportunities. In terms of its geographical location, geopolitics, geoeconomics, and natural resource endowment, the country faces both challenges and opportunities. The essential requirement is for the entire nation to work together with unity and coordinated effort.
In recent years, Myanmar has consecutively faced major natural disasters year after year, including the COVID-19 pandemic, Cyclone Mocha, Typhoon Yagi, and the powerful Mandalay earthquake. During these years, armed terrorists also committed violent attacks and destructive activities in many areas across the country. As a result of these circumstances, Myanmar’s poverty rate has risen to about one-third of the population, with rural areas experiencing an even higher level of poverty.
According to international historical experience, the emergence of effective and capable leadership is a key requirement for national development. For development to be achieved, both the people and the leadership must possess strong determination and sincere commitment, and they must also be imbued with a firm and resilient sense of national spirit in order to make sustained efforts. If a country truly wishes to develop, all of its citizens must genuinely work together.
Myanmar is endowed with strong potential for economic development in various sectors; however, it remains impoverished due to an inability to fully identify and utilize its available opportunities. In terms of its geographical location, geopolitics, geoeconomics, and natural resource endowment, the country faces both challenges and opportunities. The essential requirement is for the entire nation to work together with unity and coordinated effort.
As such, the new government is firmly committed to working hand in hand with the people in unity to overcome all challenges across various sectors. Accordingly, all citizens and ethnic nationalities have to join together with a single spirit and shared purpose to confront and overcome these challenges, and to make sustained and determined efforts toward the development of the nation.
