Along with the rise in gold prices, the dollar price has continued to rise, now exceeding 4,000 MMK per dollar. In May 2023, the dollar price was 2,845 kyats. Now, if it is 4000 kyats, the inflation rate has increased by 40% in one year. If it continues to rise at this rate, the price may rise to between 6,200 and 9,000 kyats in May 2025.
The current basic employee salary is only 50 dollars a month. One person earns only half a dollar a day. By 2025, it will drop to $30 a month. The public can no longer spend money on health education except for food. Income can no longer bear the hardships of a person’s life. How will the children be educated?
Fertilizer machine edible oil solar electricity building materials social utility When all military equipment is bought with dollars, border trade breaks down. In the case of wars, money laundering can become an increase.
In 2000, Zimbabwe This situation started in Venezuela in 2010. It is very difficult for my country.
