BRIEF – Rangoon city short on salary funds

The Rangoon city mayor has requested US$5.27 million to pay the salaries of employees and contractors after an increment in basic salaries has left the Yangon City Development Committee (YCDC) in deficit, Myanmar Business Today reports. YCDC has 17,185 employees and it spends about 10 percent of its income on paying staff, MBT cites the mayor as saying. YCDC’s proposed total budget this fiscal year was US$318.83 million.