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Plane carrying banknote paper expected to arrive in Myanmar

Plane carrying banknote paper expected to arrive in Myanmar

12 Sept 21:52 Key points summarised by AI
  • Myanmar anticipates a heavily guarded shipment of banknote printing materials from Uzbekistan, expected to arrive tonight in Nay Pyi Taw.
  • The previous German supplier, Giesecke Devrient, ceased dealings with the Myanmar government due to the coup and subsequent human rights breaches.
  • Minting facilities are now under strict military protection, with measures implemented to prevent frequent power cuts from disrupting money printing.
  • The military regime faces significant manpower shortages, evident from a new law forcing police officers to the frontlines and attempts to organize and arm civilian groups.
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