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 State Budget Law only  Since , changed Budget System - 1 Union Budget Law - 7 State Budget Laws - 7 Regional Budget Laws  Introduce Medium Term Fiscal Framework - MTFF System ( )

 External Borrowing (Concessional Loan) - Bilateral - Multilateral  Domestic Borrowing - Bill interest 4% maturity 3 months - Bill Auction Bond 2 years8.75% 3 years9% maturities 5 years9.5% Total Borrowing  K 3,900 Billion provisioned in 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