Myanmar EITI Implementation Project (WB-P156124)

Countries
  • Myanmar
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
C
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
Feb 1, 2016
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
Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
  • Mining
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 3.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 3.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 15, 2017

Disclosed by Bank Oct 1, 2015


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Project Description
This project finances improvements in transparency and accountability in Myanmar’s management of extractive industry data, revenue, and impacts. The additional financing will finance following components: (i) support to the multi-stakeholder group and Extractive Industries Transparency Initiative secretariat; (ii) improving operators’ readiness for Extractive Industries Transparency Initiative implementation; and (iii) institutional development for Extractive Industries Transparency Initiative implementation.
Investment Description
  • World Bank (WB)
This project is funded by the World Bank's Myanmar Strategic Partnership.
Contact Information
World Bank Contact: Morten Larsen Title: Mining Spec. Tel: 458-9014 Email: mlarsen@worldbank.org Borrower/Client/Recipient Name: Ministry of Finance Contact: Maung Maung Win Title: Permanent Secretary of MOF & Director General of Budget Dept Tel: (95-67) 410-450 Email: maungmaungwin58@gmail.com Implementing Agencies Name: EITI Unit, Budget Department, Ministry of Finance Contact: Daw Tin Tin Ohn Title: Deputy Director General Tel: 95-067410457 Email: tintinbudget@gmail.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.