ADB Economics Working Paper Series: Fiscal Management in MyanmarPast governments in Myanmar presided over a system generally characterized by weak fiscal
management, but this has recently changed with the present government restoring a measure of fiscal
discipline, reorienting fiscal priorities, and establishing a clear set of fiscal objectives in the Framework
for Economic and Social Reforms (FESR), which was finalized in June 2013. The Government of
Myanmar now has to prioritize how best to implement these fiscal objectives while strengthening longrun
fiscal discipline. This paper provides a broad range of recommendations on how this can be
achieved, using analysis of Myanmar's present and past fiscal situation alongside insights provided by
the experience of other countries.