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September 11 2023. (Monday)

Due to the American and international sanctions, the military council has few dollars, and the military council wants to use dollars mainly for the purchase of weapons and ammunition and jet fuel, so the military group does not want to use dollars for public sectors such as importing oil.

September 11, 2023
in Junta Diary
Reading Time:1 min read
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The trouble of people queuing up to buy basic food is too great. Edible oils getting up early in the morning to get to some rice and waiting in line to miss work. A cooking oil producer said that there is only more than 15,000 barrels of oil left in the country, and it is not known what the military council will do if that oil runs out.

The military council has banned the sale of oil in the market and has threatened to sell cooking oil at 4,500 kyats per pound. In addition, businessmen, including the president of the oil association, were arrested for raising the price of oil. Because of this, shops no longer dare to sell oil, and the military council said that only 4,500 kyats per pack must be sold, and the quota is sold in a queue system only in shops that provide oil with a quota.

Due to the American and international sanctions, the military council has few dollars, and the military council wants to use dollars mainly for the purchase of weapons and ammunition and jet fuel, so the military group does not want to use dollars for public sectors such as importing oil.

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