The Government of Myanmar’s fiscal management objectives, outlined in the Framework for Economic and Social Reforms (2013), include plans for an increasing proportion of government spending on health and education, and a decline in spending on the military. The government has also recognized the need to reduce reliance on resource revenues and to prioritize tax policy and tax administration reform.
This report, prepared by CESD and the International Growth Centre, Myanmar (IGC), provides a broad range of recommendations on how these objectives can be achieved, using analysis of Myanmar’s present and past fiscal situation, together with insights from the experiences of other countries.
Publication abstract: Past governments in Myanmar presided over a system generally characterized by weak fiscal management, but this has recently changed with the present government restoring a measure of fiscal discipline, reorienting fiscal priorities, and establishing a clear set of fiscal objectives in the Framework for Economic and Social Reforms (FESR), which was finalized in June 2013. The Government of Myanmar now has to prioritize how best to implement these fiscal objectives while strengthening longrun fiscal discipline. This paper provides a broad range of recommendations on how this can be achieved, using analysis of Myanmar’s present and past fiscal situation alongside insights provided by the experience of other countries.
Publication name: Fiscal management in Myanmar
Author(s): Zaw Oo, Cindy Joelene, Paul Minoletti, Phoo Pwint Phyu, Kyi Pyar Chit Saw, Ngu Wah Win, Ian Porter, Mari Oye and Andrea Smurra
Supported by: International Growth Centre and Asian Development Bank
Publication date: June 2015
Download the report from the following link(s):
- Fiscal management in Myanmar (PDF; English language; 50 pages; 707 Kb)
- or via the Asian Development Bank website