Laws, bills, rules, regulations and decrees related to money - banking, exchange, taxation etc. (commentary)

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Description: "In the last five years, Myanmar has seen apolitical transition towards a democratic system of government and from a state-dominated to amarket-oriented economy. It has also witnessed a transition towards greater decentralization. The Union government has taken significant steps to strengthen its public financial management system and improve fiscal transparency, by establishing new institutions, procedures, and practices. Establishing parliament?s Public Accounts Committee, granting autonomy to the central bank, and creating a treasury department are some of the initiatives that signal the government?s determination to reform and restructure the existing public financial management system. With the publication of the Citizen?s Budget and the Union Budget Law on the Ministry of Finance web portal, government has demonstrated its willingness to improve budget transparency..."
Creator/author:
Source/publisher: The Asia Foundation
2018-03-09
Date of entry/update: 2018-04-14
Grouping: Individual Documents
Language:
Format : pdf pdf
Size: 543.15 KB 551.2 KB
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Description: "This paper discusses how budget monitoring and oversight are currently practiced in Myanmar. We hope the insights provided in this report would be useful to inform government, civil society organizations, and development partners will help inform the ongoing public discourse and interventions aimed at improving public financial management in Myanmar. There is a critical need in Myanmar to review budget expenditure and reassess its alignment with national priorities, as well as the efficacy of existing policies and procedures that support the budget oversight and monitoring process. Given the complex and varied factors relevant to budget execution and fiscal transparency, a range of qualitative approaches were employed to address these topics, including desk review, consultations and semi structured interviews with key government officials, data triangulation, and consultations with donor partners..."
Creator/author:
Source/publisher: The Asia Foundation
2018-03-09
Date of entry/update: 2018-04-13
Grouping: Individual Documents
Language:
Format : pdf pdf
Size: 1.65 MB 4.55 MB
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Description: "Amendments to Myanmar?s tax regime have been long-awaited. On March 24, 2014, the Union Government enacted two new tax laws with immediate effect. These are the Law Amending the Income Tax Law, Pyihtaungsu Hluttaw Law No. 15/2014 and the Law Amending the Commercial Tax Law, Pyihtaungsu Hluttaw Law No. 16/2014. On March 28, 2014 a third tax law, the Tax of the Union Law, Pyihtaungsu Hluttaw Law No. 20/2014, was enacted as well. The new laws clarify exemptions and tax rates charged as well as outlining a certain amount of tax administration housekeeping. New tax rates will apply to the forthcoming tax year..."
Creator/author: Michael O’Kane
Source/publisher: Al-Andalus Legal Consultants
2014-03-14
Date of entry/update: 2014-06-30
Grouping: Individual Documents
Language: English
Format : pdf
Size: 30.03 KB
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