Chapter 1183: Voices of Dissenting

Sai Maokang told officials from the Ministry of Finance and Taxation and the central bank of Myanmar that the bank will inject $100 billion to set up, mainly for infrastructure construction in Myanmar, and of course, the demand is to open the financial market to Myanmar and allow the company to handle all financial operations in Myanmar except for the issuance of notes. Pen ~ fun ~ pavilion www.biquge.info

As for the future intervention in the power and telecommunications industry, Saimaokang did not say, this is also a private thing.

Many people were excited to hear that the Myanmar government could directly hold a 30% stake, because this is equivalent to $30 billion in white funds.

Some people have questioned whether their funds are guaranteed unless it is an act of the state.

Sai Maokang told everyone that once the Myanmar government agrees to their request and the bank is established, they will inject all the funds into the bank within a year. And, it also includes 1,500 tonnes of gold.

Many people showed surprise on their faces, this condition is really good, and they are worried that there is no development fund, so some people send so much money, which can make Myanmar's development enter the fast lane and vigorously carry out infrastructure construction.

The development of these projects can increase employment, increase people's income, improve the living standards of local people, strengthen infrastructure, stimulate investment, and promote economic growth, which is a series of problems.

At present, there are more than 4 million people in Myanmar who work in Thailand alone, why, because the local area is poor, there are no enterprises at all, there are no employment opportunities and can only rely on farming, and they can only go abroad to work.

Just when people were discussing hotly, a discordant voice suddenly came out.

"Mr. President, I have just carefully read this plan, and I feel that it is not yet the time to fully liberalize Myanmar's financial industry, the conditions demanded by the other side are too high, and we, as a partner, have no management power, which may bring very big hidden dangers to Myanmar's financial market in the future."

Sai Maokang looked over, and the person who spoke was Wen Min, deputy governor of the Central Bank of Myanmar, in charge of foreign exchange work, who had studied in the United States and obtained a doctorate in finance, so many people also called him Dr. Wen Min.

Interestingly, at the end of the list of Myanmar officials, at the time of the official introduction, there were 11 people with the title of doctor.

Sai Maokang looked at the other party calmly, and said: "Now Myanmar is in ruins, the financial gap is very huge, and if we want to develop, we need a huge amount of money, isn't this our opportunity, I remember that the slogan you put forward is to let Myanmar's economy enter the fast lane." ”

"If I'm not mistaken, two years ago, the Economic Bank of Myanmar, a subsidiary of the Ministry of Finance, and Japan's Daiwa Securities Group and the Japan Stock Exchange jointly funded the creation of a Yangon stock exchange. Why does Dr. Win Myint think that the establishment of the Development Bank will undermine the financial order in Myanmar? ”

In the face of the president's questioning, Dr. Wen Min's face remained unchanged, "Yes, I remember that the stock exchange was suspended due to civil unrest, and it has not resumed until now, and the Japanese government has approached us many times, hoping to resume business, but the government has not answered. ”

"Does this have anything to do with the development bank that we discussed today, or rather, the Japanese have asked you to be a lobbyist?" Finance Minister Wu Wenshen said.

"Treasurer, I am just stating the fact that the other party has put forward such generous conditions, and I believe that the capitalists come to invest for the purpose of making money, not for charity, and they will definitely absorb greater benefits to give us such generous conditions."

"It is very dangerous to fully open up our country's financial market, Myanmar's financial protection measures are fragile, and we simply do not have the conditions to open the financial market on a large scale, what we should do now is to put financial security in the first place of national security."

Dr. Wen Min said in an excited tone.

"It's just open to a bank, and with a little supervision, I don't think there will be an avalanche like you said." Said a deputy minister.

"The capitalists are all red fruits, they will only think about biting a bite of meat from you, they will find your loopholes, and then lie on you and keep sucking blood, and the loss of Myanmar will be very large." Wen Min said.

"Wen Min, you are too alarmist, if you just blindly avoid the problem, will Myanmar have to close itself off from the country, not accepting funds from the outside world, how can Myanmar develop, missed this opportunity, maybe Myanmar's development will be slower by 10 years, 20 years."

"Your idea is too choked, I think we should accept this bank construction investment project."

A vice minister of finance and taxation and a deputy governor of the central bank of Myanmar also stood up against Win Myint, they felt that now Myanmar, access to capital development is the first priority, and now there are 100 billion US dollars delivered to the doorstep, if you don't even seize such an opportunity, it will definitely be a loss for Myanmar.

Wen Min pushed his glasses, and his face was gloomy and he didn't speak.

Seeing that most people agree with this new bank plan, Sai Maokang said: "The Ministry of Finance and Taxation and the central bank have jointly made a detailed cooperation plan to seize this rare investment opportunity, and I think Myanmar will usher in a stage of rapid development." ”

"Of course, the issues that Dr. Wen Min said should also be considered, and in this cooperation plan, the conditions that should be given, the restrictions that should be given, and even the supervisory power of Myanmar, should be clearly demarcated, which is related to our future cooperation."

Sai Maokang glanced at Wen Min, and saw that the guy was still gloomy, so he didn't care about him anymore.

There are two sides to everything, there is a gain, there is a pay, this is very normal, Sai Maokang also knows that giving rights, this bank will bring certain financial risks to Myanmar, but Sai Maokang chooses to believe Mr. Muyang.

Mr. Muyang had clearly told him that the bank would be under his full control, and one of the purposes of establishing this bank was to help Sai Maokang and help him have sufficient funds to develop his business. This bank will not be used to undermine the financial order in Myanmar.

Muyang's idea is that instead of putting the funds there to become moldy, it is better to let them use them as a ladder for Saimaokang, and Saimaokang will develop and gain the hearts of the people in Myanmar, which is very necessary for the rule of Myanmar in the future, in addition, the strength in Asia will also increase, and it will also affect the influence on the situation in Southeast Asia.

At the end of the meeting, everyone was talking, and they walked out of the presidential palace in twos and threes, while Wen Min walked out alone, his face still gloomy.

Before getting into the car, Wen Min glanced at those colleagues and officials, and scolded in his heart: "A group of social moths and garbage, who do not understand a little economic law but command this country arbitrarily, will be destroyed in your hands sooner or later." (To be continued.) )