Asian Development Bank Interim Country Partnership Strategy: Myanmar, 2012-2014 ECONOMIC ANALYSIS (SUMMARY)

Description: 

I. INTRODUCTION: 1. "This sector assessment (summary) provides the background to the identification of issues, constraints, and threats to, as well as the government?s priority reforms in support of fiscal sustainability, macroeconomic stability and public finance. It focuses on key cross-cutting strategic issues such as macroeconomic institutions and monetary policy, tax policy and administration, and public financial management. This assessment draws on the sector assessment for Macroeconomic Assessment and ongoing ADB diagnostic work"... II. SECTOR ASSESSMENT: CONTEXT AND STRATEGIC ISSUES - A. Context: Economic growth; Macroeconomic instability; Fiscal policy...B. Strategic Issues - Fiscal Policy; Lifting priority spending through further tax revenue effort - (i) Sources of revenues are limited; (ii) The tax structure is complicated; (iii) Tax administration is weak; 9. Medium-term sustainable priority spending requires improving efficiency in public expenditure management; Public Debt Sustainability; A key medium term policy reform to support fiscal sustainability will be public debt management; Monetary and Exchange Rate Policy...III. GOVERNMENT?S SECTOR POLICY AND PLANNING FRAMEWORK...

Source/publisher: 

Asian Development Bank (ADB)

Date of Publication: 

2012-09-00

Date of entry: 

2012-09-28

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Local URL: 

Format: 

pdf

Size: 

48.51 KB

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