1.

Record Nr.

UNINA9910165035703321

Titolo

Myanmar : : Selected Issues

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

1-4755-7414-2

1-4755-7416-9

Descrizione fisica

1 online resource (45 pages) : illustrations, tables

Collana

IMF Staff Country Reports

Disciplina

338.9591

Soggetti

Natural resources - Burma

Fiscal policy

Money and Monetary Policy

International Economics

Natural Disasters

Banks and Banking

Finance: General

Environmental Economics

Public Finance

Monetary Policy

International Agreements and Observance

International Organizations

Climate

Natural Disasters and Their Management

Global Warming

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Aggregate Factor Income Distribution

Financial Markets and the Macroeconomy

Investment

Capital

Intangible Capital

Capacity

Monetary economics

International institutions

Macroeconomics

Natural disasters

Banking



Finance

Climate change

Monetary policy

International organization

Environment

State-owned banks

Financial institutions

Financial inclusion

Financial markets

Infrastructure

National accounts

International agencies

Banks and banking

Financial services industry

Climatic changes

Myanmar

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

This Selected Issues paper examines the strategy and priorities for reform in Myanmar’s financial sector. The IMF helped design and implement a foreign currency auction by the Central Bank of Myanmar (CBM), as a first step to develop foreign currency price discovery and replace a heavily regulated formal market segmented from informal markets, with the ultimate objective of creating a unified market. Key achievements have included new legislation to establish an autonomous CBM with clearer authority for licensing, supervision and regulation of banks, and monetary policy, in line with a new mandate for price and financial stability. Significant progress has also been made in bank supervision.