Glossary

CHAPTER 1. CLIMATE, TERRITORY AND POPULATION

Mean Maximum Temperature

The average daily maximum air temperature, for each month and as an annual statistics, calculated over all years of record.

Mean Minimum Temperature

The long-term average daily minimum air temperature observed during a calendar month and over the year.

Mean Relative Humidity Percent

Humidity is the amount of water vapor in the air. Relative humidity, expressed as a percent, measures the current absolute humidity relative to the maximum (highest point) for that temperature.

Mean Temperature

The average daily maximum and maximum air temperature, for each month and as an annual statistics, calculated over all years of record.

Monthly Mean Temperature

The average of the mean monthly maximum and minimum temperatures.

Rainfall

The amount of water falling in rain, snow, etc., within a given time and area, usually expressed as a hypothetical depth of coverage.

Relative Humidity Percent

Humidity is the amount of water vapor in the air. Relative humidity, expressed as a percent, measures the current absolute humidity relative to the maximum (highest point) for that temperature.

Date & Time

Date is the year-month-day and time is the hour-minutes-seconds which is an earthquake occurred time in UTC (Coordinated Universal Time).

Latitude & Longitude

Latitude is the location of a point north or south of the equator, expressed in degrees with decimal.
Longitude is the location of a point east or west of prime meridian, expressed in degrees with decimal.

Magnitude

Magnitude is the size of an earthquake by recording ground shaking on a seismograph.

State & Region

State and region are the specific name in Myanmar.

Depth

Depth refers to the how much deep (kilometer) an earthquake occurred.

Location

Location is a point on the earth's surface that is epicenter of an earthquake, usually near the center of the rupture area.

Catastrophic Occurrences, Losses and Relief

Department of Disaster Management provides relief assistance in cash or/and in kind to those who suffered from natural and manmade disasters such as fire, floods, cyclone, earthquake, thunder lighting stroke, landslide, conflict and others. The provision of assistance is based on the data confirmed by the local administrative authorities or/and regional Department of Disaster Management.

Causes of Fire and Losses

Fire Services Department is responsible for fire safety activities like fire precaution, fire prevention and firefighting as well as for search and rescue activities in case of natural disasters and other emergencies. The information related to the response of the operation and losses of damages are recorded by Fire Services Department.

State

The territory occupied by one of the constituent administrative districts of nation.

Region

It is a specific area defined by having its own characteristics.

District

States and Regions are divided into districts, which in turn are subdivided into townships then towns, wards and villages.

Township

The region where the boundary is stipulated and formed under the Ward or Village Tract Administration Law by collecting the relevant wards or the relevant village tracts and town as the Township.

Town

The region where the boundary is stipulated and formed under the Ward or Village Tract Administration Law by collecting the relevant wards as the town.

Ward

The region where boundary is stipulated and formed under the Ward or Village Tract Administration Law as the ward in the relevant town boundary.

Village Tract

The region where the boundary is stipulated and formed under the Ward or Village Tract Administration Law of a village or collecting of villages as village tract.

Village

The region where boundary is stipulated and formed under the Ward or Village Tract Administration Law as the village in the estate which is not included within the relevant town boundary.

Urban Area

Areas classified by the General Administration Department as wards. Generally, these areas have an increased density of building structures, population and better infrastructural development.

Rural Area

Areas classified by the General Administration Department as village tracts. Generally, they are areas with low population density and a land use which is predominantly agricultural.

Total Population

It is based on the de facto definition of population, which counts all persons who were within the borders of Myanmar on the night of 29th March 2014 (Census Night). All Myanmar people working in its embassies abroad and their families were counted in the census. The estimates of people who were not enumerated in a few areas in Shan State, Kachin State and Kayin State in the census.

Population Density

The Population density relates to the number of person in a give administrative area to the surface of the area, expressed in square kilometers (km2).

Total Dependency Ratio

A measure of the portion of a population which is composed of dependents (people who are too young or too old to work). It is equal to the number of people aged below 15 or above 64 divided by the number of individuals aged 15 to 64, expressed as a percentage. It is the sum of the youth dependency ratio and the old-age dependency ratio.

Dependency Ratio

The number of dependent population per 100 working-age population.

Old Age Dependency Ratio

People older than 64 to the working-age population (aged 15-64). Data are shown as the proportion of dependents per 100 working-age population.

Child Dependency Ratio

The ratio of child population (people younger than 15 years) to the productive-age population (aged 15-64).

Aging Index

The number of persons 60 years old or over per hundred persons under age 15.

Foreigners Residing

A person who is not a citizen of Myanmar in which he or she is residing or temporarily staying.


CHAPTER 2. HEALTH AND SOCIAL WELFARE

Certified Veterinarian

A person who has been certified and is employed by a licensed veterinarian.

Child Malnourishment: NCHS and WHO Standards

Recently, the World Health Organization (WHO) introduced new child growth standards for use in deriving indicators of nutritional status, such as stunting, wasting and underweight. These standards are based on the growth of infants from six different regions of the world who were fed according to WHO and United Nations Children's Fund (UNICEF) feeding recommendations, had a non-smoking mother, had access to primary health care and did not have any serious constraints on health during infancy or early childhood. It is recommended that these new growth standards replace the previously recommended international growth reference devised by the National Center for Health Statistics (NCHS) in the United States. The prevalence of malnutrition estimated using WHO standards is expected to differ from that based on the NCHS growth reference because there are differences in median weight-for-age, height-for-age and weight-for-height between the two. (http://www.who.int/bulletin/volumes/88/1/08-057901/en/)

Development of Border Area and National Races

Progress of Border Areas and National Races Department carry out development program in the border areas- 21 regions. They are (1) Kachin State (2) Kayah State (3) Kayin State (4) Chin State (5) Mon State (6) Rakhine State (7) Shan State (8) Pa-O self Administered Zone (9) Palaung self Administered Zone (10) Danu self Administered Zone (11) Kokang self Administered Zone (12) Wa self Administered Zone (13) Sagaing Region (14) Naga self Administered Zone (15) Taninthayi Region (16) Bago Region (17) Yangon Region (18) Ayeyawady Region (19) Mandalay Region (20) Magway Region and (21) Nay Pyi Taw.

Fatality Rate

Ratio of deaths in an area to the population of that area; expressed per 1,000 per year.

Health Structures

They are articulated in General and Specialist Hospitals, Dispensaries, Health Centers by State, Region and Township level.

Indigenous Medical Practitioner

A person whose primary employment role is to diagnose physical and mental illnesses, disorders and injuries. He prescribes medications and treatments based on the theories, beliefs, and experiences indigenous of traditional medicine that promote or restore good health.

International Classification of Diseases

The International Classification of Diseases (ICD) is the foundation for the identification of health trends and statistics globally, and the international standard for reporting diseases and health conditions. It is the diagnostic classification standard for all clinical and research purposes. Uses include monitoring of the incidence and prevalence of diseases, observing reimbursements and resource allocation trends, and keeping track of safety and quality guidelines. They also include the counting of deaths as well as diseases, injuries, symptoms, reasons for encounter, factors that influence health status, and external causes of disease. The first international classification edition, known as the International List of Causes of Death, was adopted by the International Statistical Institute in 1893. WHO was entrusted with the ICD at its creation in 1948 and published the 6th version, ICD-6, that incorporated morbidity for the first time. The WHO Nomenclature Regulations, adopted in 1967, stipulated that Member States use the most current ICD revision for mortality and morbidity statistics. The ICD has been revised and published in a series of editions to reflect advances in health and medical science over time. ICD-10 was endorsed in May 1990 by the Forty-third World Health Assembly. It is cited in more than 20,000 scientific articles and used by more than 100 countries around the world. (http://www.who.int/classifications/icd/en/)

Immunization, measles (% of children ages 12-23 months)

Child immunization measures the percentage of children aged 12-23 months who received vaccinations before 12 months or at any time before the survey. A child is considered adequately immunized against measles after receiving one dose of vaccine. (http://www.who.int/immunization/monitoring_surveillance/en/)

Iodized Salt Consumption Rate

Consumption of iodized salt refers to the percentage of households who use edible salt fortified with iodine.

Lady Health Visitor

She is a qualified nurse or midwife with post-registration experience who has undertaken further training and education in child health.

Public Health Supervisor

It is a highly responsible leadership and supervisory position within the Department of Public Health.

Social Welfare Establishment

The schools and centers run by the Department of Social Welfare provide various types of welfare services to those who are received in respective institutions. The Government establishes Women's Development Centers and Vocational Training Centers for Women to provide institutional care, health care, counseling, vocational training through income generation activities and teaching of 3Rs. In the training schools for boys and girls, orphans and abandoned ones are accepted. The Ministry of Socail Welfare, Relief and Resettlement, Department of Social Welfare opened (11) youth training schools as per categories; (1) Youth Training school for care and development, (2) youth training schools for temporary care and (3) Youth Training schools for corruption and rehabilitation by the Child Right' Law.

Department of Social Welfare has opened (165) pre-primary schools and (1) day-care centers for the early children, and giving technology and financial assistance to (1161) voluntary pre-primary schools. Department of Social Welfare has opened the (8) residential nurseries for the children who are in need of protection as per Yangon, Mandalay, Mawlamying, Magway, Kyaingtong, Pathein, Sittway and Nay Pyi Taw. In accordance with the "Myanmar Policy for Early Childhood Care and Development", Early Childhood Intervention(ECI) has been launched in 2017 to provide early childhood assessment and support services for children under 5 years of age. From 2018, ECI services have implemented in (7)pilot sites in these (1) State and (3) Regions; Yangon Region, Ayeyawady Region, Sagaing Region and Mon State. During Covid-19 Pandemic period, workshops and training programs were held on vritual systems for ECI staff and Home Visitors to review and upgrade ECI technology. Department of Social Welfare has been given awareness training for staff to increase staff capacities and expand Early Childhood Intervention System in the whole States and Divisions. Department of Social Welfare is implementing Mother Circles in States and Regions, especially wards, village tracks and villages. Department of Social Welfare provides financial and material support for the Mother Circles including nutrition, personal hygiene and stimulating places for children under 5 years whose mothers must work outside of the home.

The Government also takes responsibility to take care of and rehabilitate the persons with disabilities. There are 8 schools for different types of disabilities operated under Department of Social Welfare. In the Vocational Training School for Adult person with disabilities, vocational trainings such as silk screen-printing, photography, electronic device repairing, computer and hair dressing are being trained. The two Schools for Children with disabilities built in Yangon and Mandalay Regions accept children of several types of disabilities such as those with cerebral palsy, Autism, Down's Syndrome, Paraplegia and hemiplegia as well as those with Attention Deficit Hyperactivity Disorder (ADHD). Apart from these, the two Schools for children with visual disabilities are opened for educational and vocational rights for blind and partially-sighted children, which are located Yangon and Sagaing Regions. Moreover, hearing-challenged children may have their educational and vocational opportunities by joining the two schools for Deaf resided in Yangon and Mandalay Regions. For orphan with disabilities, the Disabled Care Center is established to give care, look after and even provides the basic education to them if appropriate.

Day Care Center for the Aged run by Department of Social Welfare is located in Yangon and is carrying out the task for dignified, active and healthy life of order people as an important task. Social Pension Program is being implemented to promote older person's dignity. Maternal and Child Cash Transfer Program (MCCT) is now being implemented in Chin State, Rakhine State, Naga Self-administered Region, Kayin, Kayah, Ayeyawady and Shan, MCCT is carried out in these areas according to high stunting rates and it is planning to extend step by step. Its aim is to improve dietary intake, dietary diversity, afford basic health care essential during pregnancy and birth, improve feeding of young children and afford basic health care essential during early childhood. Social Welfare Services are implemented not only by Government but also by NGOs establishing schools and homes.

Department of Social Welfare provide financial assistance to vulnerable groups such as children, youths, women, persons with disability and elderly etc. As an effort to facilitate not only enhance the policy but also anchored the strategies and legislation. Social Protection Programs have been prioritized and implemented step by step for most vulnerable groups to protect and prevent from socio-economic risks and shocks as well as to promote their well-beings.

The Government establishes (11) Schools for Home Science to provide livehood skills for women. Moreover, (2) Centers for Women Care and Development are established to take care of convicted student girls and HIV positive, mental disorder and disabilities student girls according to Article 57(a) of Child Rights Law.

"One Stop Women Support Centre- OSWSC" has been opened in Yangon, Mandalay, Lashio, Mawlamying and Loikaw to provide safe spaces and necessary services for victims of sexual and domestic violence from all over the country. The centres offer medical check-ups, shelter for mothers and children, legal advice on their rights and support in the event of a prosecution. In terms of support programme, the Ministry of Social Welfare, Relief and Resettlement provided cash assistance for attending legal and court hearing as well as for rehabilitation and livehood support to women/ girls.

Volume of Government Insurance Business

The Government also takes responsibility to take care of and rehabilitate the persons with disabilities. There are 8 schools for different types of disabilities operated under Department of Social Welfare. In the Vocational Training School for Adult person with disabilities, vocational trainings such as silk screen-printing, photography, electronic device repairing, computer and hair dressing are being trained. The two Schools for Children with disabilities built in Yangon and Mandalay Regions accept children of several types of disabilities such as those with cerebral palsy, Autism, Down's Syndrome, Paraplegia and hemiplegia as well as those with Attention Deficit Hyperactivity Disorder.

CHAPTER 3. VITAL STATISTICS

Age-Specific Fertility Rate (ASFR)

The age-specific fertility rate measures the annual number of births to women of a specified age or age group per 1,000 women in that age group. Unless otherwise specified, the reference period for the age-specific fertility rates is the calendar year.

Age-Specific Mortality Rate (ASMR)

The age-specific mortality rate (ASMR), also called the age-specific death rate, for a given population, a given age, and a given year, refers to the number of deaths in that year to people of that age for every 1000 people of that age.

Cause Specific Death Rate

Cause-specific death rate is the number of deaths from a specified cause per 100,000 person-years at risk. The numerator is typically restricted to resident deaths in a specific geographic area.

Crude Birth Rate (CBR)

The number of live births occurring in a population during a given period of time, usually a calendar year, i.e., the number of live births occurring among the population of given geographical area during a given year, per 1,000 mid-year total population of that area during the same year.

Crude Death Rate (CDR)

The number of deaths occurring in a population during a given period of time, usually a calendar year, i.e., the number of deaths occurring among the population of given geographical area during a given year, per 1,000 mid-year total population of that area during the same year.

Infant Mortality Rate (IMR)

The number of infant deaths occurring during the same period of time, usually a calendar year, i.e., the number of deaths of live-born children under 1 year of age occurring in a given geographical area during a given year, per 1,000 live births occurring among the population of that area during the same year.

Life Expectancy at birth

Life expectancy at birth is defined as the average number of years that a newborn could expect to live if he or she were to pass through life subject to the age-specific mortality rates of a given period.

Maternal Mortality Ratio (MMR)

The maternal mortality ratio (MMR) is the ratio of the number of maternal deaths during a given time period per 100,000 live births during the same time-period. A maternal death refers to a female death from any cause related to or aggravated by pregnancy or its management (excluding accidental or incidental causes) during pregnancy and childbirth or within 42 days of termination of pregnancy, irrespective of the duration and site of the pregnancy.

Natural Increase Rate

The rate of natural increase refers to the difference between the number of live births and the number of deaths occurring in a year, divided by the mid-year population of that year, multiplied by a factor (usually 1,000). It is equal to the difference between the crude birth rate and the crude death rate.

Total Fertility Rate (TFR)

Total fertility rate (TFR) in simple terms refers to total number of children born or likely to be born to a woman in her life time if she were subject to the prevailing rate of age-specific fertility in the population.

Under Five Mortality Rate (U5MR)

The under-five mortality rate is the probability (expressed as a rate per 1,000 live births) of a child born in a specified year dying before reaching the age of five if subject to current age-specific mortality rates.

Verbal Autopsy

Verbal autopsy (VA) is a method of determining individuals' causes of death and cause-specific mortality fractions in populations without a complete vital registration system. Verbal autopsies consist of a trained interviewer using a questionnaire to collect information about the signs, symptoms, and demographic characteristics of a recently deceased person from an individual familiar with the deceased.

The IHME PHMRC shortened questionnaire and diagnostic algorithm called SmartVA analyze (Tariff2) are used to explore the community causes of death. The VA is collected on all community deaths in 42 townships across all states and regions of Myanmar to obtain information that is broadly nationally representative of the causes of death in the community in Myanmar.

Medical Certification of Causes of Death

In principle, hospitals with physicians should routinely record deaths by date and place of occurrence, age and sex of the decedent, and cause of death (COD). COD should be certified by a physician using the World Health Organization International Form of Medical Certificate of Cause of Death. The COD should be coded according to International Classification of Diseases (ICD) standards.

Integration of Community and Hospital Causes of Death

The causes of community death are ascertained using the Verbal Autopsy method. For the hospital deaths, the causes of death are medically certified by doctors and coded using International Classification of Diseases (ICD-10). The causes of death of community and hospital deaths are combined to show the complete mortality pattern for 42 townships across 15 states and regions in Myanmar, which is broadly representative of the national mortality pattern. Firstly, the total number of community deaths for 42 townships by cause is estimated using the cause specific mortality fractions of the verbal autopsy data and the estimated number of community deaths by age and sex in the 42 townships (estimated by calculating the completeness of VA reporting). The individual causes of death of hospital deaths are categorized and mapped to the VA cause list by age-group. Finally, the causes of death of the community and hospital deaths are integrated for each age group (0 to 28 days, 29 days to 11 years and above 12 years), weighted by the number of hospital and community deaths.


CHAPTER 4. JUSTICE AND SECURITY

Crime

Offense for which the main penalty of imprisonment, fine and some accessory penalties ( i.e. interdiction from Public Offices ) are provided.

Prisoners

People sentenced under measures restricting freedom, held in prison in pre-trial detention or serving a sentence.

Traffic Accidents

The Vienna Convention of 1968 defines the accident as the fact that occurred in streets or squares open to traffic where vehicles( or animals ) are involved still or moving , and from which they are derived injury. They exclude traffic accidents with only property damage.


CHAPTER 5. EDUCATION

B.Ed Correspondence Course at the University of Education

Correspondence course in education is given to in-service graduate teachers. They are accepted in the Yangon University of Education (which was established on 1967-1968 academic year) and Sagaing University of Education (which was opened in 2000-2001 academic year).

Monastic Education

With the aim of providing the needy children and various parts of the country with education and enabling them to become culturally refined citizen. Donations for Monastic Education are offered not only by people within the country but also by people from abroad.

Pupil Teacher ratio

The average number of pupils (students) per teacher as a specific level of education (primary, middle, high) in a given school-year.

The School System

It is divided into three levels:(Primary, Lower Secondary and Upper Secondary). Data on Schools,Teachers and Students are disaggregated by Level, States and Regions.

The new system of Matriculation Examination was introduced in 2001-2002 academic year in order to enable students to study their preferred subject combinations. Students are provided extensive and in-depth instruction of individual subjects and taught at International Level. They are required to take Myanmar, English and Mathematics as compulsory subjects and a combination of 3 subjects- Physics, Chemistry, Biology, Geography, History, Economics and Optional Myanmar – Constituting and 8 subjects combination at the level of Basic Education High School as follows;

(1) Economics, Physics and Chemistry
(2) Geography, History and Economics
(3) Geography, History and Optional Myanmar
(4) History, Economics and Optional Myanmar
(5) History, Physics and Chemistry
(6) Optional Myanmar, Physics and Chemistry
(7) Physics, Chemistry and Biology
(8) Geography, Physics and Chemistry

The University System

It is divided into Universities and Degree Colleges. Classes of the higher education were suspended during 1989 and 1990 and reopened in 1991. No examinations were held from 1988 to 1990. Dagon University and the National University of Arts and Culture, Yangon and Mandalay were opened in 1993. University of Computer Studies (Yangon) was opened in 1987, Mandalay was opened in 1997 and Other Computer Colleges were upgraded as Computer Universities on 20th January 2007. The International Theravada Buddhist Missionary University was opened in 1998. Institute of Medicine (Magway), University of Kyaukse and West Yangon were opened in 2001. Meiktila, Hinthada Degree Colleges were upgraded to University in 2001. Myanmar Aerospace and Engineering University was opened in 2002.

Myanmar Maritime University (MMU) was established in 1st August 2002 by the military government per the Myanmar Maritime University Law (The State Peace and Development Council Law No.1/2002). It is the premier university of maritime education in Myanmar. MMU, administered by the Ministry of Transport and Communications, offers five-year bachelor's degree programs and two-year post-graduate diplomas in various marine and naval disciplines. However, Myanmar Maritime University changed to six-year Bachelors degree programs except Nautical Science in 2012-2013 Academic Year. MMU is one of the most selective universities in Myanmar as MMU is to produce well competent qualified naval architects, marine engineers and scientists. Admissions are based primarily on the marks received in the university entrance examinations. Now, there are 47 Arts and Science Universities, 1 college and 1 degree college under the Ministry of Education.

Vocational Trainees

Associate of Government Technical Institute (A.G.T.I) three years course were commenced in 2013-2014 Academic Year at the Government Technological Colleges and Government Technical Institute under the Department of Technical and Vocational Education and Training (DTVET). The number of students who attended the Bachelor of Engineering Courses at the Government Technical Institutes and Government Technological Colleges under DTVET shows Table (5.12).


CHAPTER 6. HOUSEHOLDS AND SOCIAL ISSUES

Housing Characteristics

According to the Statistics Law of Myanmar, the Myanmar Living Conditions Survey (MLCS) 2017 was conducted by the Central Statistical Organization. The MLCS focuses on the living conditions of households of Myanmar in 2017. In particular, it provides a wide range of information on how people work, how much income they earn, and how they use this to meet the food, housing, health, education and other needs of their families.

National Library Statistics

The functions of the National Library are acquisition, data processing, circulation and library development along with the timeline and advanced information and communication technology. Library provide the documents and papers required by Government Agencies and to provide services to the students, researchers and public for their easy use of library materials for references from 1984 onward, the library is opening to the public.

Published Books

According to the Printing and Publishing Law 2014, Ministry of Information give the notification certificates to all printers and publishers. All the printers and publishers shall be send what they publish (Books, Magazines, Journals, Newspaper and etc.) to Information and Public Relation Department under the Ministry of Information, according to this law.

Seizure of Narcotic Drugs

Currently, all the drug seizure cases are being prosecuted under the law of 1993 Narcotic Drugs and Psychotropic Substances Law which was amended on 14th February 2018. The Law calls for control of precursor chemicals and psychotropic substances and money laundering, associated with illicit trafficking of narcotic drugs and psychotropic substances.

Video Services

All Videos produced, editing, filming, production, duplicated, distributed, exhibited and rented and karaoke according the Myanma Television and Video Act, which was laid down in 1985 according to the Pyithu Hluttaw Act, Act No.12, amended in 1996.


CHAPTER 7. LABOUR AND EMPLOYMENT

Employment through Labour Exchange Offices

Job-seekers who are registered at Township Labour Exchange Offices (18 Labour Exchange Offices in Yangon and 73 Labour Exchange Offices in other States and Regions.)

Employment to Population Ratio

The proportion of an economy's working-age population that is employed. It provides information on the ability of an economy to create jobs.

Labour Force Participation Rate

The Labour Force Participation Rate is a measure of the proportion of a country's working-age population that engages actively in the labour market, either by working or looking for work; It porvides an indication of the size of the supply of labour available to engage in production of goods and services, ralative to the population at working age.

Overseas Employment

Department of Labour is providing services (through overseas employment licensed agencies) for overseas employment in fast and easy way and signing Memorandum of Understanding (MoUs) and Bi-lateral agreements with labour receiving countries.

Labour Force

Persons who are either in employment or in unemployment constitute the labour force. The sum of persons in employment and in unemployment equals to the labour force.

Outside Labour Force

Persons outside the labour force are those of working age that neither in employment nor in unemployment in a short reference period.

Employment

Persons in employment are defined as all those of working age, who during a reference period of seven days, engage in any activity to produce goods or provide services for pay or a kind of profit. They comprise:

(1) "Employed persons at work", i.e. those who worked for at least one-hour long job;

(2) "Employed persons not at work" due to temporary absence from a job or different time arrangements (such as shift work, flexitime and compensatory leave for overtime).

Unemployment

Persons in unemployment are defined as all those of working age who do not have a job but are looking for a job during a specified period and are available to start working if they get a job.

Labour Underutilization

It refers to mismatch between labour supply and demand, which translates into an unmet need for employment among the population. Measures of Labour Underutilization are as below:

(a) Time-related Underemployment: Based on the amended Factory Act 1951, it refers to those who are willing and available to engage in other work, as their existing working hours is less than 44 hours per week;

(b) Unemployment: It refers to an unemployed person who is currently searching for and available for the job;

(c) Potential Labour Force: It refers to an unemployed person who is willing to work, but being in a condition limited to their job search and/or availability.

Youth

Youth means when one is young or in the age range before adulthood. The United Nations (UN), for statistical purposes, defines 'youth', as the individuals between 15-24 years.

Child

In accordance with the ILO Worst Forms of Child Labour Convention No. 182 (1999) and the United Nations Convention on the Righits of the Child, a child is defined as an individual under 18 years of age. Measuring of child labour include all persons in the age group from 5 to 17 years, where age is measured as the number of completed years at the child's last birthday.

Child Labour

In Myanmar, there is no official definition of child labour, yet. Therefore, the definition referred in this survey is in accordance with the 18th International Conference of Labour Statisticians (18thICIS) resolution, the amended articles by 1951 Factory Act and the 2016 Shops and Establishments Law, where working children of the following types are considered as Child Labour:

(1) Age 5 years and under 18 years engaged in hazardous work for pay or profit for at least one hour per week or working in the night time (6 p.m. to 6 a.m.) for pay or profit; (OR)

(2) Age between 5 years and under 14 years and engaged for at least one hour per week for pay or profit; (OR)

(3) Age between 14 years and under 16 years and engaged for more than 24 hours per week for pay or profit; (OR)

(4) Age between 16 years and under 18 years and engaged in work more than 44 hours a week for pay or profit.

The rest of working children are not regarded as chlid labour and are labelled as "working children other than child labour".

Social Security Scheme

Social Security Scheme has been introduced in Myanmar by Social Security Act, 1954 which came into enforce on 1st January 1956. Now, Social Security Law, 2012, was enacted and it has been implementing since 1st April 2014 in line with the international standard.

There are six types of social insurance systems in Social Security Law, 2012. Now only the two insurance systems: Health and Social Care Insurance System and Employment Injury Benefit Insurance System which have been implementing as follow:

(a) Health and Social Care Insurance System (If the insured person is within 60 years of age at the time of initial registration, 2% by the employer and 2% by the worker, totally contribution for 4% and if the insured person is over 60 years of age at the time of initial registration, 2.5 percent by the employer and 2.5 percent by the worker, totally contribution for 5%.)

(b) Employment Injury Benefit Insurance System (Only the employer shall pay contribution for 1 %.)

The insured workers who have paid contribution under Social Security Law, 2012, shall entitle medical treatment in time of sickness, confinement and employment injury at the establishment for any cause and the following cash benefits:

(a) Sickness Benefit of insured person (has the right to enjoy 60 percent of average wage of the previous four months as cash benefit relation to sickness up to 26 weeks.)

(b) Maternity Benefit of female insured worker (has the right to enjoy 70 percent of average wage of a year as cash benefit relating to maternity up to 14 weeks and then if it is the twin delivery which has the right to enjoy another four weeks for the child care.)

(c) Maternity expense of the female insured workers (has the right to enjoy 50 percent for single delivery, 75 percent for twin delivery and 100 percent for triplet delivery and above of average wage of a month.)

(d) Miscarriage benefit of the female insured (has the right to enjoy 70 percent of average wage of a year as cash benefit relating to miscarriage up to 6 weeks.)

(e) Adoption of the child under 1 year of the female insured worker (has the right to enjoy 70 percent of average wage of a year as cash benefit relating to adopt up to 8 weeks.)

(f) Paternity Benefit of the male insured (has the right to enjoy 70 percent of average wage of previous one year and 15 days leave for infant care on confinement of his insured wife.)

(g) Maternity expense of the male insured for paternity whose wife is an uninsured (has the right to entitled half of maternity expense.)

(h) Medical treatment benefit for her child on confinement of female insured (has the right to take medical treatment for her child up to one year.)

(i) Funeral Expense (if the insured person is deceased for any cause, for a person nominate or dependent of those insured that they can be claimed to entitled up to maximum of five times from one time for funeral expense.)

(j) Medical Treatment for Retired (insured civil services after retiring who has the right to take the continuously medical treatment if it had paid contribution for 180 months and above under the combined of the Social Security Law, 2012 and Social Security Act 1954.)

(k) Temporary Disability Benefit (has the right to entitled 70 percent of average wage of a month within four months prior to occupational accident from the date of incapacity for work, to a maximum of 12 months for reducing or ceasing of earning by reasons of incapable to work of employment injury under medical certificate.)

(l) Permanent Disability Benefit (has the right to entitled five years to nine years in lump sum with calculation based on 70 percent of average wage of a month of the partial capacity and total loss of capacity for work due to employment injury.)

(m) Survivors' Benefit for deceased of employment injury (has the right to entitled 30 times up to 80 times based on contribution of the insured person.)


CHAPTER 8. NATIONAL ACCOUNTS

Gross Domestic Product(GDP)

The monetary value of all the finished goods and services produced within a country's borders in a specific time period. Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well. GDP includes all private and public consumption, government outlays, investments and exports minus imports that occur within a defined territory.

. Gross domestic product is an aggregate measure of production equal to the sum of the gross values added of all resident institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).

. The sum of the final uses of goods and services (all uses except intermediate consumption) measured in purchasers' prices, less the value of imports of goods and services, or the sum of primary incomes distributed by resident producer units.

Per Capita GDP

The total output of a country that takes the gross domestic product (GDP) divided by the number of people in the country. The per capita GDP is especially useful when comparing one country to another because it shows the relative performance of the countries. A rise in per capita GDP signals growth in the economy and tends to translate as an increase in productivity.

Real Economic Growth Rate

A measure of economic growth from one period to another expressed as a percentage and adjusted for inflation (i.e. expressed in real as opposed to nominal terms ).


CHAPTER 9. AGRICULTURE

Land

Land are classified into reserved forests, current fallows, net area sown, cultivable waste land, other wood land and others.

Crops

Crops are classified into Cereals, Oilseeds, Pulses, Spices and Condiments, Tobacco and Betel, Vegetables and Fruits, Beverage, Fibre and Miscellaneous.


CHAPTER 10. FORESTRY

Permanent forest estate

Permanent forest estate means forest area that is designated by law or regulation to be retained as forest and may not be converted to other land use. Permanent Forest Estate includes three categories:

-Reserved Forest

-Protected Public Forest

-Protected Area System

Reserved forest and protected public forest area

Reserved forest means land constituted as a reserved forest under Myanmar Forest Law 2018.

Protected Public Forest

Protected Public Forest means land declared to be protected public forest under Myanmar.

Protected Area System

Protected area means a geographically defined area which is designated or regulated and managed to achieve specific conservation objectives.


CHAPTER 11. INDUSTRY, CONSTRUCTION AND MYANMAR MICRO, SMALL AND MEDIUM ENTERPRISE SURVEY

Housing Sector

According to the Population and Housing Census (2014), the current housing stock is 9.3 million housing units out of 10.9 million households in nationwide, leaving a housing gap of 1.6 million units.

Thus, the Department of Urban and Housing Development (DUHD), under the Ministry of Construction has adopted 1 million housing plan for 30 years (2011-2040) to support the housing production sector. Whereas, 20 percent of "1 million housing plan" is responsible to produce by the public sector and the majority is conducted by the private sector. In Public Sector residential building are constructed by DUHD.

The department has produced affordable housing units including owned and rental housing, in which the average area of 1 unit is 628 square feet and the average cost for one unit is 22.6 million kyats.

Private Buildings

Number of applications submitted to and approved by the Yangon City Development Committee, Mandalay City Development Committee and construction completed. They are classified into two categories viz., (a) new buildings and (b) extension and repairs.

School Construction

Schools were constructed by the Ministry of Construction and Private contractors.

Bridges

The bridges were constructed by the Ministry of Border Affairs and Ministry of Construction, Yangon City Development Committee, Mandalay City Development Committee and Naypyitaw Development Committee.

State-Owned Economic Enterprises

In 2020-2021, State-Owned economic enterprises have been updated according to Myanmar Standard Industrial Classification(MSIC).

Micro, Small and Medium Enterprise in Manufacturing Sector

The Manufacturing sector are the backbone of Myanmar's economic development. Micro, Small and Medium Enterprises Surveys focused on manufacturing enterprises in Myanmar and their employees, collected in 35 townships in all 14 regions and states of the country as well as the Naypyitaw Union Territory. The survey conducted in 2017 included interviews with 2,496 enterprises owners and 6,722 of their employees, while in the 2019 survey comprised 2,497 enterprises and 5,071 of their employees. The surveys are statistically representative of more than 71,000 registered manufacturing firms in Myanmar. The surveys explored issues pertaining to business practices, owner characteristics, production and technology characteristics, sales and cost structure, access to finance, taxes, employment, net-works and economic constraints and potentials.


CHAPTER 12. TOURISM

Tourist (or overnight visitor)

A tourist (or overnight visitor) is defined as a person travelling to and staying in places outside their usual environment for one purpose (United Nations World Tourism Organization).

Visitor

A visitor is a traveller taking a trip to a main destination outside his/her usual environment, for less than a year, for any main purpose (business, leisure or other personal purpose) other than to be employed by a resiednt entity in the country or place visited (United Nations World Tourism Organization).

CHAPTER 13. FOREIGN TRADE AND INVESTMENT

Balance of Payments

The Balance of Payments is a statistical statement that summarizes transactions between residents and nonresidents during a defined period. It consists of the current account, the capital account, and the financial account. The current account shows flows of goods, services, primary income, and secondary income between residents and nonresidents. The capital account shows credit and debit entries for non- produced nonfinancial assets and capital transfers between residents and nonresidents. The financial account shows net acquisition and disposal of financial assets and liabilities. (Balance of Payments manual-6 (BPM-6))

Coverage of Foreign Trade Statistics

Data include government and private exports and imports on trade account, gifts, aids, and parcel posts. Sale of goods, whether foreign or national to all foreign trading ships are included in export statistics. All data exclude exports and imports under military accounts. Exports and imports under diplomatic privileges have been excluded since 1966. Starting from November 1988, when border trade was opened, the total foreign trade data include border trade.

Export declaration forms and import declaration forms filled by the respective exporters and importers and checked by customs officials constitute the major source of information in compiling foreign trade statistics. Since 2001-2002, all exports and imports statistics are obtained from the customs department. Starting from 2016-2017(April to March), the trade data on electricity have been provided by the Ministry of Electricity and Energy. In addition, the trade data on aviation fuel has included in 2018-2019 (October to September).

Exports

Domestic exports are exports of national products. All exports are domestic exports plus re-exports from bond and other than from bond. Exports were formerly recorded according to the date of shipment have; since November 1967, they are recorded according to the date of completion of consignment. Exports are credited to the country of final destination or of ultimate consumption. Exports are valued at Free on Board (FOB), namely at port or place of dispatch of exporting country.

Imports

They are the sum of goods released direct from Customs wharves for domestic consumption (direct imports for consumption) and goods passed to be bonded (imports into bond). Imports were formerly recorded according to the date of payment of duty have; since November 1967 they are recorded as of the date of arrival of goods. Imports are credited to the country of primary origin or production. Imports are valued at Cost, Insurance and Freight (CIF), namely at port or place of arrival of the country.

Import and Export Indices

Quantum Indices of exports and imports are computed to gauge the changes in the quantity of external trade when the effects on price movements are eliminated. Unit value indices are designed to provide means of measuring changes in the average unit value of commodities exported or imported.

Trade Category-General import figures and domestic export figures for certain selected commodities are used in computing the indices and include trade under private and government accounts.

Method - Both the Quantum and the Price Indices are of the aggregative type computed with Laspeyre's formula. The unit sale of each commodity is the CIF or FOB per unit value of general imports and domestic exports respectively. Base year are 1985-1986, 2000-2001, 2005-2006, 2010-2011 and 2015-2016.

Myanmar Investment Law

The Myanmar Investment Law was enacted on 18th October 2016, integrating Foreign Investment Law (2012) and the Myanmar Citizens Investment Law (2013) to create a fairer and more level playing field between foreign and domestic investors as well as to create a better investment environment.

Myanmar Citizen Investor

Myanmar Citizen Investor means a citizen who invests within the Union. In this expression, Myanmar companies and branch offices, and other enterprises established and registered in accordance with the Myanmar Companies Law are included.

Foreign Investment

Foreign Investment means any direct investment made by a foreign investor within the Union.

Permitted Amount

The permitted amount means the investment amount of the approved investment projects by the Myanmar Investment Commission.


CHAPTER 14. TRANSPORT AND COMMUNICATIONS

Transports

Railway Transport, Airways Transport, Road Transport and Inland Water Transport.

Passenger-Mile

One passenger-mile corresponds to the transport of one passenger over one mile.

Freight Ton-Mile

One freight ton-mile corresponds to the transport of one ton of freight over one mile.

Railway Transport

Data represent the operation on all railway lines in the country except railways serving plantation, forests, mines or industrial plants. Statistics relating to diesel locomotives do not include diesel rail cars.

Air Transport

It includes public and private sectors for all traffic, both revenue and non-revenue, performed by the Myanmar Airlines on scheduled services, non-scheduled services, special and charter services. Data relating to cargo represent the total freight, baggage and mail irrespective of whether the freight is charged or not.

Road Transport

Passenger statistics include bus and taxi services. Passenger tickets and haulage form the basis for compilation of passenger statistics and freight statistics respectively. Road statistics include Union arterial highways and highways for Myanmar proper only. With the establishment of the new administration in March 1972, data for the year 1972-73 and after, include road under States administration.

Inland Water Transport

Inland water transport statistics are related to all traffic of powered vessels of the government functioning on commercial lines.

Shipping Statistics

They include fishing vessels, pleasure craft, tanker, container vessels, general cargo and passenger vessels except military vessels on government duty.

Communications Statistics

Statistics on perfomance of posts and telecommunications services are obtained from the Posts and Telecommunications Department, Myanma Posts and Telecommunications (MPT), Myanmar Posts and Yatanarpon Teleport, while data on television relay stations are provided by Myanma Radio and Television. Cellular Mobile Telephone System was begun in Yangon and Mandalay in 1993 and 1996. Global System for Mobile Communications (GSM) has introduced in Yangon and Mandalay in 2003 and extended to other states and regions very soon.

MPT provides internet services to some government agencies and private companies with an initial capacity of 400 dial-up lines since 1998. In 2014, Posts and Telecommunications Department allowed private sector inclusion in mobile phone and internet services. At present, public service provider, MPT and private service providers such as ATOM, Ooredoo, Mytel are providing mobile telephone services and internet services in all over the country. Internet and Mobile phone subscription has been dramatically increasing since 2014.


CHAPTER 15. PRICES AND INTERNAL TRADE

Retail Price

Retail price means the price of a good or product when it is sold to the end user for consumption, not for resale through a third-party distribution channel.

Average Retail Prices

Central Statistical Organization collects average retail prices of commodity from the selected markets in the municipal area of Yangon City as well as all other cities of (82) Townships.

Wholesale Price

The cost of a goods sold by a wholesaler.

Average Wholesale Prices

Wholesale prices are collected directly from the wholesale centers in Yangon by monthly.

Consumer Price Index (CPI)

The Consumer Price Index measures the changes in price of goods and services from a household's expenditure. Movements in the price index reflect changes in the average household expenditure. The index is a measurement unit designed to show changes in price level over time through comparison to a base year. The price index is equal to 100 for the base year. CPI uses a base year of 2012. The changes in prices of goods and services are calculated in reference to the base year for monthly or annual figures showing a ratio or percentage. A measure of the overall level of prices shows the cost of a fixed basket of consumer goods relative to the cost of the same basket in a base year.

The 2012 base year computes CPI by using the following Modified Laspeyres's Price Index formula:

Commodity Basket

Commodity basket also called basket of goods. A collection of products, raw materials and services which are comprised the Consumer Price Index (CPI) over a period. The basket typically indicates consumer buying behavior across a diverse set of offerings.

The 2012 CPI introduces the UN COICOP classification. The classification is used internationally possible to make international comparison of inflation at more detailed levels. The 2012 CPI basket has 274 products and services, 108 food items, 166 non-food items including goods and services. There are new 116 items in the index, for example new and used cars, mobile phones and mobile phone charges and computers, etc. 2012 CPI based on only non-purchased items are excluded from total expenditure.

Inflation

An increasing overall level of prices is rising in the long period.

Inflation Rate

The percentage increase in the price of goods and services, usually, annually. The inflation rate means the average price of commodities has risen for a long period of time, that situation refers total demand is higher than total supply. In other words, the inflation rate shows climbing price index.

When the inflation rate is high, the value of a unit of currency is reduced and larger sums of money are required to purchase the same quantity of goods or services. This rise in the general price level and reduction in the real value of money is inflation.

Year on Year Inflation

The Inflation can be measured by computing percentage change in current month CPI from month to month or percent change from the same month of the prior year, according to the following formula:

Annual Average Rate of Inflation

The average rate of inflation is computed monthly CPI growth rate within a year taking 12 month of year, according to the following formula:

Gold Price

Gold prices are collected from gold dealer by daily for the highest, lowest, and the average prices of 24 carat and 22 carat gold in Yangon.

Cooperative Statistics

Statistics on cooperative activities are provided by the Cooperative Department. The major objective of cooperative society is to procure, produce, and distribute essential goods and services to the consumers through the respective cooperative societies.

Cooperative statistics shows the Number of Societies, Number of Members Paid-Up Share Capital, Saving, Loan, Work Extension Fund, Social/Culture Fund, General Fund, Liabilities, Net Profit, and Working Capital from cooperative societies.


CHAPTER 16. PUBLIC FINANCE, BANKING AND FINANCIAL MARKETS

Public Finance

The Republic of the Union of Myanmar Budget has been classified into the Union Budget and State and Region Budget since 1st October 2011-2012.

Nay Pyi Taw Development Committee is drawn on the basis of self-financing since 2006-2007.

Some of the State-Owned Economic Enterprises under the Ministry of Transport have been carried out their functions outside the Union Fund and Yangon Electricity Supply Corporation since 2013-2014 and Mandalay Electricity Supply Corporation have been carried out their functions with their own fund since 2015-2016.

Social Security has been carried out their functions outside the Union Fund except for services personal wages and salaries since 2013-2014.

Central Bank of Myanmar is carried out its functions with its own fund beginning from 2015-2016.

State Economic Enterprise (SEE) budget is included in umbrella of the Union Budget. In 2018 (6) month Fiscal Year there was 32 State Economic Enterprises (SEEs). Among these 32 SEEs, 20 SEEs have been used Own Fund Account and SEE Account, 7 SEEs that are Financial Institutions which have been used only SEE Account and other 5 of SEEs are outside of the union fund which have been used Current Account. If SEE get profit, 25% of the net profit are paid as income tax, 20% of net profit are put into the Union Fund as state contribution.

In 2018-2019 Fiscal Year, State Economic Enterprise also which depends on their OA balance. Eight of SEEs have been used their own fund for all expenditures. Five of SEEs have been used their own fund for current expenditures and used union fund for the capital and financial expenditure. Six of SEEs have been used their own fund for current expenditure on the purchase of raw materials, commercial tax, income tax, State Contribution, operating cost, administrative and research cost and distribution cost and used for union fund for the rest of current expenditure, capital and financial expenditure.

One of SEE has been used their own fund for current expenditure on the 50% of purchase of raw materials, commercial tax, income tax, State Contribution, operating cost, administrative and research cost and used union fund contribution cost and for the rest of current expenditure, capital and financial expenditure. If SEEs get profit, they shall be paid as income tax according to the Union Tax Law and 20% shall be paid to the state contribution to the Union Fund.

In 2019-2020 Fiscal Year, State Economic Enterprises were changed their financial management system. According to this system, all revenue and expenditure of SEEs put into the Union Fund Account-State Economic Enterprise (UFA-SEE) and their UFA-OA Accounts were closed by permission of Union Government Cabinet Meeting. If SEEs get profit, they have to pay income tax according to the Union Tax Law and the rest of their net profit was paid to the Government as State Contribution.

In the 2020-2021 Fiscal Year, SEEs use only the Union Fund Account-State Economic Enterprise (UFA-SEE). If SEEs get profit, they have to pay income tax according to the Union Tax Law and the rest of their net profit was paid to the Government as State Contribution.

Government Debt Stock

Government debt stock refers to the total value of the government debt that a government owes to all external and domestic lenders.

Domestic Debt Stock

Domestic debt stock is the debt that the government owes to Central Bank of Myanmar, State-Owned Banks, Private Banks, Foreign Banks Branches and Securities Companies.

External Debt Stock

External debt stock is the debt that the government owes to foreign lenders like ADB, World Bank and etc.

Repayment Principle

Repayment Principle is the periodic payment based on due date that is used to reduce the outstanding loan amount.

Money Supply

Money Supply is the total value of money available in an economy at a point of time. There are several ways to define money such as M1, M2 and M3, etc.

Money Supply (M1) or Narrow Money covers currency outside depository corporations and transferable deposits at banks.

Currency outside Depository Corporations

Currency outside Depository Corporations is the domestic currency included in broad money and is complied as currency in circulation less currency holdings in the vaults of other depository corporations (banks).

Transferable (Demand) deposits

Transferable (Demand) deposits comprise all deposits that are exchangeable on demand at par, without penalty or restriction, and that are otherwise commonly used to directly make payments.

People's Savings(Other Deposits)

People's savings or other deposits comprise all claims, other than transferable deposits, that are represented by evidence of deposits. It includes saving deposits, time deposits, saving certificates, and other types of deposits.

Foreign Exchange Rates

Starting from 2012-2013, managed floating foreign exchange rate is used. Starting from 1st April 2013, the daily reference foreign exchange rates are obtained from Central Bank of Myanmar.

Since 5th February 2019, the Reference Exchange Rate of Myanmar Kyat equivalent to one unit of the US Dollar is computed and published by the Central Bank of Myanmar on its website every bank business day at 16:00.

The Reference Exchange Rate is an indicative rate and participants in the foreign exchange market are not required to use it in their foreign exchange transactions. The Reference Exchange Rate of the previous bank business day can be used for settling customs obligations, accounting and statistical purposes.

Treasury Bonds

Issuing Government Treasury Bonds before 2016

On behalf of the Government, the Central Bank of Myanmar (CBM) has issued the 3-years and 5-years Government Treasury Bonds since 1993. On January 1st, 2010, CBM issued 2-years Government Treasury Bonds and the interest rates of 2-years, 3-years and 5-years Government Treasury Bonds are 8.75%, 9% and 9.5% respectively.

Issuance of Government Treasury Bills and Bonds by Auction

In order to reduce CBM Financing, the Government Treasury Bill has been issuing since January 28th, 2015 and Bond has been issuing since September 20th, 2016 with Scripless System in line with the international standards. According to the Agency Agreement between Ministry of Planning and Finance (MoPF) and CBM, CBM is acting as the agent of MoPF but Treasury Department manages all process on behalf of MoPF for the issuance of Government Securities.

Multiple price system for competitive bidders and Market Weighted Average Yield for non-competitive bidders has been practiced in Treasury Bill and Bond Auction.

In Government Securities Auctions, there are two types of bidders, Competitive and Non-Competitive Bidder. Myanma Economic Bank and Myanma Agricultural Development Bank are Non-Competitive Bidders. Myanma Economic Bank is the largest amount invested in Treasury Securities and other State-Owned Banks, Local Banks, Foreign Banks and Securities Companies are Competitive Bidders. Insurance Companies, Institutional Investors and Individual Investors can purchase Government Securities through the Securities Companies. All information related to Government Securities Auction (including Auction Calendar, Auction Announcement, Auction Result, and Related Documents) are uploaded on the Website of CBM and the Website of MoPF.

Government Treasury Bill with the maturity of 3-month, 6-month and 1-year have been issued and the total Auction is 166 times up to March 2022. Government Treasury Bond with the maturity of 2-year, 2 and half year, 3-year, 4-year and 5-year have been issued and the total Auction is 66 times up to March 2022.

Interest Rates

Central bank rate, interest on treasury bills and bonds, deposit rates and lending rates are shown in table 16.19.

Central Bank Survey

Central Bank Survey in table 16.20 shows the components of monetary base and its assets that are compiled based on the Central Bank's balance sheet data.

Other Depository Corporations Survey

Other Depository Corporations Survey in table 16.21 shows the assets and liabilities positons that are compiled based on the consolidated balance sheets data of domestic banks which are Myanma Economic Bank, Myanma Foreign Trade Bank, Myanma Investment and Commercial Bank, Myanma Agricultural Development Bank, Private Banks and Foreign Bank Branches.

Foreign Exchange Reserves

Foreign Exchange reserves in table 16.22 include gold and foreign currencies. Previously, gold was valued at SDR 35 per fine troy ounce and converted into Kyat at the official exchange rate of K 8.50847 per SDR. Since 1997, the value of gold in the foreign exchange reserves has been based on London Gold Market rate. Foreign currencies are valued at the reference rates.

Depository Corporations Survey

Depository Corporations Survey consolidates the Central Bank Survey and the Other Depository Corporations Survey. In table 16.23 it shows the monetary aggregates positions, and assets that are claims on other sectors of the domestic economy.

Share Trading

Share trading in Yangon Stock Exchange shown in Table 16.27 means buying and selling the share of listed companies on Yangon Stock Exchange. At this moment, there are six listed companies on Yangon Stock Exchange, namely First Myanmar Investment Public Co. Ltd (FMI), Myanmar Thilawa SEZ Holding Public Ltd(MTSH), Myanmar Citizens Bank Ltd (MCB), First Private Bank Ltd(FPB), TMH Telecom Public Co Ltd(TMH), Ever Flow River Group Public Co., Ltd.(EFR), Amata Holding Public Co. Ltd (AMATA).

Trading the Government Securities at Secondary Market

Trading the government securities through securities companies at secondary market shown in Table 16.28 includes treasury bonds and treasury bills. The secondary market is a marketplace where investors can buy and sell treasury bonds and treasury bills. A key difference compared to the primary market is that proceeds from the sale of treasury bonds and treasury bills go to the counterparty, which could be an investor or a dealer, whereas in the primary market, money from investor goes directly to the issuer.

Securities Account

A securities account is an account that holds securities on behalf of an investor with a securities company. At this moment, there are six securities companies namely KBZ Securities Co., Myanmar Securities Exchange Centre Co., AYAtrust Securities Co., CB Securities Co., KTZRH Securities Co. and UAB Securities Co.

 
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