Burma’s lower house of parliament on Tuesday approved a bill that will increase MPs’ salaries.

Pe Than, the Rakhine National Party MP representing Myebon constituency, said that according to the new bill, lawmakers will now be paid monthly salaries of between one million and 1.6 million kyat (US$1,000- $1,600).

Currently, a union-level MP receives 300,000 kyat ($300) per month.

The bill also brings in an increase in an MP’s allowance – up to between 500,000 and one million kyat, plus a 20,000 kyat daily stipend.

Monthly allowances for executive members of self-administrated zones will also be increased to between 300,000 and 500,000 kyat, with a 20,000 kyat daily stipend.

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The “Law on Emoluments, Allowances and Insignias of Parliament Representatives”, the “Law on Emoluments, Allowances and Insignias of Executive Members of Self-Administrated Regions”, the “Law on Emoluments, Allowances and Insignias of Union and State-level Persons”, and the “Law on Emoluments, Allowances and Insignias of the Chairperson and Members of the Naypyidaw Council” were each passed.