CNI News

20 February 2024

After political parties requested the chairman of the State Administration Council to help support them in order that they could establish businesses, the chairman urged them to work together. 

So, some people are asking a question: who are they doing businesses for?

When Sr-Gen Min Aung Hlaing, chairman of the SAC met with political parties on 6th January 2024, the parties demanded the right to do business. And then the chairman of the SAC told the parties to work together at the second meeting on 13th February 2024. 

The chairman guided the parties to work together in the form of the political parties economic committee limited, U Thet Zaw, an economic commentator told CNI News.

Sr-Gen Min Aung Hlaing

" Business can be done. You can do everything except for gambling, narcotic drug and arms trading. If your party is economically strong, you can do business with your own strength without asking money from the businessmen. The chairman told the parties like that. The parties are making preparations to do businesses." he said.

It was pointed out that it was important for political parties to learn how to do business if they did business.

However, because political party members are not businessmen, only businessmen should be encouraged so as to do business pretty well, U Htay Aung Kyi, a banking expert, told CNI News.

" Firstly, do the parties know how to do business? it is important. If they know how to do business, how will the right policy be laid down for them? I don't understand very well why political parties do business. It's better to lay down the right policy for the businessmen. Politicians, in fact, are not businessmen or economists. Regarding whether they will do business, I can't interpret." he said.

Not as a political party, but as a party member or a rich man could do business for the development of their party after he joined the party, politicians pointed out.

While Sr-Gen Min Aung Hlaing was meeting with political parties on 6th January 2024

If a political party did business, public trust in that party might decrease, a Kachin politician U Kun Gawng Awng Kham told CNI news agency.

" Businessmen need to be proper businessmen. Businessmen or the rich are also joining the party in many foreign countries. It's better for you to be economically strong if you join a party. But if a party does business, the public trust in that party will decline." he said.

Most political parties are fundraising in various ways for their parties. Some parties are financially strong and others, weak in finance. However, those political parties usually support the people only during the election campaign.

If political parties do business, they will give priority to their interests rather than the public interests. So, there would be no beneficial results for the country and its citizens, some people pointed out.

The public needed to monitor political parties because some of them work for their own interests only, political commentators pointed out.