The Public Finance Management Modernisation

To improve the use of public finances so that they benefit the people of Myanmar. The expected results include contributing to increasing tax collection from large tax payers by 40% by 2020. The UK will fund a World Bank led programme to work with the Ministry of Planning and Finance to improve their ability to manage public funds and the capacity of parliament to provide oversight of public spending. The programme will also separately support tax administration, fiscal decentralisation, social accountability, and Myanmar's involvement in the Extractive Industries Transparency Initiative.