The State Administration Council has carried out several changes in the cabinet as ministries were devolved and a new ministry was created. The Ministry of Planning, Finance, and Industry was devolved into two new ministries: (i) the Ministry of Planning and Finance and (ii) the Ministry of Industry by virtue of State Administration Council Order No. 117/2021 on 3 May 2021. Furthermore, the Ministry of Education (Science and Technology) was devolved into separate ministries: (i) the Ministry of Education and (ii) the Ministry of Science and Technology by virtue of State Administration Council Order No. 138/2021 on 17 June 2021. Finally, a new Ministry of Cooperative and Rural Development under State Administration Council Order No. 140/2021 was created on 17 June 2021. We are closely monitoring and adapting to the regulatory ramifications which may occur due to the ministerial changes.
Please contact us for specific advice concerning changes in the regulatory governance in Myanmar.