• Policy Briefing: Microfinance

    Posted in Legislative Research on Jan 27, 2020

    As the name suggests, microfinance refers to small (micro) loans (finance). It is most strongly associated with rural development due to the seasonal nature of agriculture and the importance of credit for farmers, where finance is used for: seasonal production inputs, long-term investments, regular consumption needs, unplanned consumption needs and meeting other outstanding debts.

  • Bill Summary: Foreign Exchange Management Bill

    Posted in Legislative Research on Jan 23, 2020

    The bill includes provisions and regulations for trading and holding of foreign exchange, gold and jewelry, and transfers and payments of current and capital accounts.

  • Backgrounder: Foreign Exchange Management Bill

    Posted in Legislative Research on Jan 23, 2020

    The Foreign Exchange Acceptor & Holder License is issued to government departments, cooperatives and individuals to conduct foreign exchange, provided they are already have a business license. (Note that in addition to business registration through DICA, a range of other licenses are issued by different departments enabling companies to do business in different sectors.) 1501 licences were issued in 2014-2015, and 865 in 2015-2016. However, the license was revoked in the late months of 2015 with an announcement that paying for goods and services should only be with Myanmar currency (Kyat), and also aiming to reduce the use of cash.

  • Policy Briefing - Public Procurement

    Posted in Budget Transparency, Legislative Research on Jan 22, 2020

    Most of the well-established principles and procedures for managing public procurement are concenred with reducing the risk of corruption. ‘Government procurement involves a high risk of corruption because of the great size of financial turnover and the complexity of many procurement processes in which businesses interact very closely with politicians and civil servants. Often the personal interests of the public officials are not the same as the interests of the public.

  • Is it possible to finish amending the Constitution in Hluttaw?

    Posted in Legislative Research on Jan 22, 2020

    Two bills which will be submitted by the Committee, representing the final outcome to emerge from the 3766 suggestions received. Those suggestions were submitted to the Pyidaungsu Hluttaw on 15th of July 2019. Among them, 114 are from the NLD and the rest from other parties.

  • ဝေဖန်သံတွေ ရှိနေတဲ့ ရန်ကုန်တိုင်းစာရင်းစစ်ချုပ်အစီရင်ခံစာထဲက စိတ်ဝင်စားဖွယ် အချက်အလက်အချို့

    Posted in Budget Transparency on Jan 17, 2020

    ရွေးကောက်ခံ လွှတ်တော်ကိုယ်စားလှယ်တွေကိုတောင် မဖြန့်ဝေခဲ့တာကြောင့် လူစိတ်ဝင်စားမှု မြင့်မားနေတဲ့ ရန်ကုန်တိုင်းစာရင်းစစ်ချုပ်ရဲ့ ၂၀၁၇-၂၀၁၈ ဘဏ္ဍာရေးနှစ် စစ်ဆေးတွေ့ရှိချက် အစီရင်ခံစာမှာ ဘာတွေ ပါဝင်နေလို့ပါလဲ။ အစီရင်ခံစာ အကျဉ်းချုပ်ကို စာရင်းစစ်ချုပ်ကိုယ်တိုင် လွှတ်တော်မှာ တင်ပြခဲ့ပြီး၊ ဒီဆွေးနွေးတင်ပြချက်တွေနဲ့ ပတ်သက်လို့ အများပြည်သူ လွယ်လင့်တကူ သိရှိနားလည်စေဖို့အတွက် အာနန္ဒာက စိတ်ဝင်စားဖွယ် အကြောင်းအရာအချို့ကို ကောက်နုတ်ဖော်ပြလိုက်ရပါတယ်။

  • Bill Analysis: Public Procurement and Disposal of Fixed Assets Bill

    Posted in Legislative Research on Jan 17, 2020

    This bill is submitted with the purpose of establishing effective principles and methods for the management of public budget and assets. There are two main parts: public procurement and disposal of fixed assets; and the selling and renting public assets. In this analysis, the aspects of decentralisation, transparency, responsibility and accountability have been examined.

  • Bill Analysis: The Microfinance Business Bill

    Posted in Legislative Research on Jan 14, 2020

    The bill also broadly implies this credit-plus approach. For example, microfinance businesses will be required to comply with Client Protection Principles providing financial knowledge to its members. However, motoring and enforcement of such a provision will create an additional burden and remains to be seen whether this will be implemented in practice.

  • Backgrounder: Public Procurement and Disposal of Public Assets Bill

    Posted in Legislative Research on Dec 23, 2019

    Strategy 3.6.2 of the MSDP is to promote PPP (public-private partnership) mechanisms which facilitate the development of commercially viable infrastructure projects through greater public-private sector collaboration, so as to create conditions for a robust PPP program in Myanmar that gives the government a modality for procuring needed infrastructure services and achieving value for money.

  • Bill Summary: Public Procurement and Disposal of Public Assets Bill

    Posted in Legislative Research on Dec 13, 2019

    The bill includes regulations for procurement, tender invitations, procurement from overseas companies, managing contracts, disposals, selling and renting state-owned property, cancelation of tender procedures, ethics for holders of political positions and government staff, and the formation of tribunals.