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Junta’s promise to provide loans to Mocha affected families vanishes in thin air

September 07/ 2023 | View Counts :7231
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The military council once promised to provide loansto individuals owning fisheries andlivestock industries facing  damages due to cyclone Mocha that  hit Rakhine State on 14 May, butthose are seemingly lost in the air with no realization, allege Arakan businessmen.


They also stated that the stormhad damaged agricultural and farming activitiesas well.


A shrimp farmer from Pauk Taw township informed that the junta authorities collected the list ofdamaged industries a month ago for offeringloans to them.

“But nothing happening on the ground. They only said that high level officials were still busy. It is notknown to them, when they will get theloans,” he added.

He personally expects a loan to revive his business after the Mocha affected his fisheries and livestockindustries.

On 20 June, during a meeting between  Rakhine State Prime Minister and Rakhine fisheries & livestockentrepreneurs in Sittwe, the deputy PM generalTin Aung San promised  loans to the affected entrepreneurs.

However, even after three months, they have not received any  loan.

A local monk from Rathedaung township said that if the government provides the loan it would help theentrepreneurs as they  are strugglingfor rehabilitation.

"Half of the Rakhine villagers today depend on the fishing industry. Their livelihood was destroyed by thecyclonic storm. It becomes difficultfor the villagers to buy new boats and finally to survive. They can recover their business only after getting loans,” he added.

U Aung Tin Saw, deputy commander of Rakhine State fisheries department informed Narinjara News that the issueof offering loans to the villagersis not yet materialized.

"We are even not sure about it. I heard that the proposal for loans was submitted to the Rakhinegovernment. But  I can not reveal anythingabout the  loan,” he added.

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