The Public Finance Management Modernisation

To improve the use of public finances so that they benefit the people of Burma. The expected results include contributing to increasing tax collection from large tax payers by some £ 170m. The UK will provide £12m to a world bank led programme to work with Ministries of finance and Planning to improve their ability to manage public funds. It will also work with parliament to improve their oversight of public spending. The UK will also provide £5m to civil society to increase their scrutiny over public spending and £ 3m to improve financial transparency in oil, gas and mining sectors.