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Myanmar military blames economic situation on COVID-19 waves By Reuters

by Mike Robinson

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© Reuters. FILEPHOTO: After the military seized power in Yangon (Myanmar), February 2, 2021, people are seen shopping at a local market. REUTERS/Stringer

(Reuters) – The economic difficulties in Myanmar have been caused by two waves of COVID-19 infections and the government is doing its best to resolve the situation as soon as possible, military spokesman Zaw Min Tun said on Thursday.

Speaking after the collapse of the kyat, Tun said that also, the central bank could not meet local demand. According to him, the government is fully responsible.

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