Support for Strengthening Public Debt Management (ADB-47225-001)

Countries
  • Myanmar
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 2, 2013
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Republic of the Union of Myanmar, Ministry of Planning and Finance
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.15 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 27, 2019

Disclosed by Bank Mar 31, 2017


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Project Description

According to ADB wesbite, the Government's Framework for Economic and Social Reforms recognizes that maintaining a stable macroeconomic framework is the first order of reforms essential for achieving the overall reform agenda and that sound public financial management including public debt management will be critical to ensuring this.

The TA impact will be management of public debt on a sound and sustainable basis. Relevant indicators include an improvement in the country risk rating for debt distress from moderate to low and a debt management performance assessment that will be undertaken toward the end of the TA.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Boothe, Robert A.
Southeast Asia Department
No contact information provided at the time of disclosure

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main