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.
To strengthen long term reform by supporting short term results in the following areas: good governance and public financial management; promoting responsible investment; improving transparency and the rule of law; strengthening the work of parliament; and helping the process of ethnic reconciliation. Three components of this project will assist Burma’s application to join the EITI (Extractive Industry Transparency Initiative) by April 2014. This will help to ensure that the country’s own resources are used to benefit the people of Burma