YANGON, Feb. 7 (Xinhua) -- Myanmar parliamentarians have suggested abolition of the Myanmar International Cooperation Agency (MICA) and operate it under the government in order to promote the country's economy, official media reported Tuesday quoting parliament sources.
In support of a proposal submitted by MP Naw Christ Tun from Kayin state, 11 other MPs made the discussions on Monday's session of the Upper House, complaining that the MICA has not been established in accordance with the law, though it has managed the state-owned assets and factories since its establishment.
Naw raised the issue to the parliament in December last year and called for greater transparency of the MICA.
She also suggested abolition of MICA as it has not brought benefit to the people although its stated aim is to boost fish and meat production and to assist in food sufficiency for the country.
She urged the Ministry of Agriculture, Livestock and Irrigation to make the agency's financial management transparent.
MICA was formed with 34 officials and 70 strong staff in July 2014 and had taken over 48 farms owned by the Livestock Breeding and Veterinary Department, some 26.1 hectares in a township, 17 fishery-related property and more than 36 hectares owned by the department's Insein branch, as debated in the parliament.
Due to MICA, the country's economy has been crippled, causing loss of public fund, Naw said.