The Terrorism Council announced that starting September 1st, it will no longer sell US dollars for imports, including medicine, and will start a new system where businessmen themselves will have to buy and import US dollars for their export proceeds. The new system will affect all imports, and import licenses will only be granted if export earnings are submitted.
The era has returned to the era of U Than Shwe. Look for and buy export earnings to import goods. Earning was more expensive than leaf price. The era has already pulled back. In addition, importers will no longer be able to buy dollars as they like, so they will have to buy only export earnings. In this period, exports are scarcer than gold, so it will be difficult to buy dollars. As a consequence, imports will be more expensive. Domestically, we can’t produce even a single needle, so if the price of imports goes up, the price of goods will go up again. The situation will only be bad.
