Myanmar to pump $100 mln into easing fuel shortage
Petrol
NAYPYIDAW Myanmar's junta-controlled central bank has said it will release $100 million to help struggling importers purchase fuel and oil. The local kyat currency has plunged against the dollar since the military seized power in 2021, hitting importers' ability to pay for fuel shipments. In recent days some residents in commercial hub Yangon have been queueing overnight outside petrol stations in the hope of obtaining fuel for vehicles. The shortage also affects businesses and hospitals that
din zilele anterioare