budget financing in myanmar daw ni ni than director treasury department
TRANSCRIPT
MINISTRY OF FINANCE
Budget Financing in Myanmar
Daw Ni Ni Than
Director
Treasury Department
I. Ministries and State Economic Enterprises
Total Ministries -
30
(Excluding the Central Bank of Myanmar)
Ministries (State Economic Enterprises) - 12
(Including the Central Bank of Myanmar)
Total State Own Enterprise - 36
Outside the Union Budget
1. Inland Water Transport
2. Myanma Port Authority
3. Myanma Shipyards
4. Myanma Airways
II. Priority Areas in Myanmar
Agriculture development
Water Supply
Electricity
Employment Creation
Tourism Development
Financial Services
Trade and Investment
III. Budget System
Before 2011-2012 State Budget Law only
Since 2011-2012, changed Budget System
- 1 Union Budget Law
- 7 State Budget Laws
- 7 Regional Budget Laws
Introduce Medium Term Fiscal Framework - MTFF
System (2015-2016)
IV. Budget Financing
External Borrowing (Concessional Loan)
- Bilateral
- Multilateral Domestic Borrowing
- Bill interest 4%
maturity 3 months
- Bill Auction 28-1-2015
- Bond 2 years 8.75%
3 years 9% maturities
5 years 9.5%
Total Borrowing K 3,900 Billion provisioned in 2015-16 Union
budged Law
V. Conclusion
PPP is a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies.
PPP can be used to finance, build and operate projects.
Such as public transportation networks, parks and
convention centers.
If Foreign Direct Investment and PPP are coming,
financing will be reduced.
Thank You