The military council has changed the dollar rate of taxes levied on imports and exports. Previously, goods subject to tax in dollars were levied at 2,100 kyats per dollar, but now they have been changed to 4,000 kyats per dollar. The effect is that the prices of all goods will increase. The prices of medicines and fuel imported from abroad will increase mainly. The price of goods that have been stable at high prices due to the stable dollar will also increase. The military council, which needs to spend on military expenses, is increasing taxes by collecting them without caring about inflation and rising prices.
