Myanmar: Loopholes in Myanmar’s Forest Sector Cost Govt Million in Revenue

Jul 11, 2019 | Nan Lwin, Irrawaddy
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On Thursday, MEITI released two reports on the forestry sector for fiscal years 2014-2015 and 2015-2016, shedding light on issues like the discrepancy in annual timber production numbers between the MTE and the Forest Department and the alarming rate of overharvesting (more than 200 percent of timber was cut than is annually allowed). The reports reconcile data provided by companies in forestry sectors with data provided by government bodies. They also aim to help the government identify positive contributions the forestry sectors have made to the economic and social development of the country and to improve resource management in a way that fully implements that MEITI principles and criteria.