A new Central Bank deputy governor has lashed out at protesters and bank staff who have joined the Civil Disobedience Movement and forced private banks to close their branches, and claimed the military regime is “doing its best” and should be given more time.
A “collateral-free” loan scheme for small and medium enterprises launched by the Myanmar government in 2014 looks functional on paper, but business owners say it is nearly impossible to access and does not provide enough money to be useful.
BY Frontier
