BUSINESS – Presidential advisor warns about widening wealth gap

The wealth gap in Burma between rich and poor is increasing and should be a cause for worry, an economic advisor to the president said last week. “Twenty percent of people in a population of 60 million hold 80 percent of this country’s wealth,” said Aung Tun Thet, adding that there should be an economic development plan that is more inclusive to the poor and that addresses social and environmental issues. The UNDP estimated that one in four people in Burma live under the international poverty line.