The military regime’s rationing of fuel consumption to lower Myanmar’s import bill has fuelled illegal sales, while hoarding by businesses and profiteering by speculators have hiked the price of petrol and other goods.
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
