Fiscal Management in Myanmar

Zaw Oo (), Cindy Joelene (), Paul Minoletti (), Phoo Pwint Phyu (), Kyi Pyar Chit Saw (), Ngu Wah Win (), Ian Porter (), Mari Oye () and Andrea Smurra
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Zaw Oo: Myanmar Development Resource Institute-Centre for Economic and Social Development
Cindy Joelene: Development Resource Institute-Centre for Economic and Social Development
Paul Minoletti: Development Resource Institute-Centre for Economic and Social Development
Phoo Pwint Phyu: Development Resource Institute-Centre for Economic and Social Development
Kyi Pyar Chit Saw: Development Resource Institute-Centre for Economic and Social Development
Ngu Wah Win: Development Resource Institute-Centre for Economic and Social Development
Ian Porter: International Growth Centre
Mari Oye: International Growth Centre

No 434, ADB Economics Working Paper Series from Asian Development Bank

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 long-run 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.

Keywords: budget and expenditure framework; fiscal policy; Myanmar; public financial management; resource mobilization (search for similar items in EconPapers)
JEL-codes: E62 H61 H72 O23 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2015-06-01
New Economics Papers: this item is included in nep-mac and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbewp:0434

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