Presentation on theme: "Istanbul Plan of Action Implementation Workshop"— Presentation transcript:
1 Istanbul Plan of Action Implementation Workshop New York, United States of America(Oct 15-17, 2012)Brief Report on the Implementation of the Istanbul Programme Action for LDCs: The Republic of the Union of MyanmarDr. Wah Wah MaungDeputy Director GeneralForeign Economic Relation DepartmentMinistry of National Planning and Economic DevelopmentThe Republic of the Union of Myanmar
2 Changing EraAll aspects of reforms: Political, economic, social, institutionalPracticing elements of Democratic SystemAccording the speeches of the PresidentGood GovernanceTransparencyAnti-corruptionCheck and BalanceUtilizing Public Finance effectively and efficiently
3 A series of political and economic reforms political dialogue with Daw Aung San Su Kyi,free and fair bi -election,release of prisoners,developing civil society in Myanmar,free discussion at the parliamentary meeting,invitation of the exiles back to our country, policy consultation with multi stakeholders for the national development,
4 A series of political and economic reforms promoting freedom of journalism and its associations,peace peace talks with ethnic armed groupsimplementing national level projects of rural development and poverty reductionconducting macroeconomic reforms
5 First Stage of Reform Process Focus more on political reforms: Peace Talk, Bi election, Release of prisonersFocusing on good governance,Clean governmentInstitutional reforms
6 Second Stage of Economic Reform Focusing more on Economic and Administrative ReformsEconomicRule of LawReformClose cooperation, coordination and collaboration among the ministries, regional and local governments
7 Our Visionactively engaged in building a new, modern, developed and democratic nationnecessary to strengthen systematic market economic systemto accelerate the pace of economic developmentgetting out of poverty trap
8 Our economic policiesSustaining Agriculture towards Industrialization and All round DevelopmentBalance and proportionate development among States and RegionsInclusive growth for entire populationcorrectness of statistics and statistical systems
9 Changing planning system We have changed out from centralized to decentralized one.Regional plans are formulated by regional and local governmentsOur ministry is also finalizing 5 years Plan (from to )also planning to draw National Comprehensive Development Plan ( NDCP )
10 National Planning Sectoral Plan Regional Plan Plans and projects proposed by MinistriesSectoral PlanPlans and projects proposed by State and Regional GovernmentsRegional Plan
11 For the formulation of National Development Plan Organizing Regional Workshops in States and RegionsDevelopmentPublic Consultation for their needs and inputs for the plan formulationPlanNational level workshop will be organized after all regional level workshops have been convened.
12 Future National Plans2 Annual Plans already approved by the parliamentAnnual Plan and Annual PlanNow, our ministry is formulating 5 years national plan, expect to submit next parliamentary session5 years national plan ( to )
13 Comprehensive National Development Plan (Long term development plan) We also have a plan for long term development.With long term national vision20 years or 30 years National PlanDuration:
14 Quick wins for short term But, quick wins are also important.Poverty intended to reduce 2 % per yearShort term therapy ?Matching short term plan/ program of donors as well as project duration and type of support with our priority areas and regions
15 Sustaining Agriculture towards Industrialization and All round Development Since our economy is based on agriculture sector, it is necessary to maintain for the momentum of agriculture to fulfill world food securitySharing our agricultural products to the global community. Moreover, it will also provide national food security as well as for the rural development and poverty reductionSince 70 % of our population residing in the rural area and 50 percent of the people are engaging in those agricultural activities.Apart from that, according to the development experiences of different countries, it cannot be developed without industrialization process. That is why we are establishing Special Economic Zones for promoting industrial sector.
16 Focusing balanced and equitable growth Since our country is a Union Nation, it is necessary to focus balanced and equitable growth among the states and regions.development paradigm has already shiftedwe need to focus human development to improve the quality of lifeinclusive growth for entire population to realize people-centered developmentHuman development index of Myanmar
17 Quality dataCorrect ing our statistical system for ensuring quality data which reflect the real situation.National census in 2014To implement all those policies, it is necessary to nurture human resources and establish education processTo create new institutions, use new technologies, cope with their environment, and alter their patterns of behaviourWe need an education system that improves the capabilities of individuals and capacity of institutions.
18 Trade and Investment as the engine of growth Business laws, rules and regulations for the company registration are being amended and improve for the faster processes.Some laws, rules and regulations are to be amended and some laws will be enactedForeign Direct investment Law amendedRevised Foreign Investment Law and it will create more economic opportunities and business friendly environment.Special Economic Zone Law, Dawei SEZ LawNecessary law such as Competition Law, Consumers Protection Law are also under process.
19 Stakeholders for Development GovernmentPrivate sectorNon Governmental Organization, Civil Society OrganizationInternational Organization ( IO)/ International Non-governmental Organization ( INGOS)Public
20 Trade and investment policies reforms Changes in trade and foreign exchange policies were aimed at transforming the economy from a state sector dominated socialist economic system to a market-oriented economic system.The role of the private sector in external trade was expanded sharply.Border trade expended.Import, export licensing and Company registration procedures are eased
21 Banking Sector Interest rate Taxation policies Managed float: Exchange rateBanking sector reforms: More private banks, more financial services are allowedTechnical Assistance: IMF, WBCapital Market Development: Daiwa
22 Exports, Imports and Duties Sr.Particular( Million kyat)(April-June)1.Domestic Export8266.22081.62.All Export ( including re-export)9135.62223.43.Import8325.61901.94.All Import ( includes draw-back items)6635.35.Custom Duties( Normal Trade)6.( Border Trade)7.Custom Duties (All)
23 InvestmentA total of 456 foreign enterprises in 12 sectors from 31 countries were permitted with the total pledge amount of USD million up to 2012, March.China is the 1st leading investorThailand and Hong Kong are taking place in 2nd and 3rd respectively.power sector %,oil & gas sector %mining sector- 7.75%
24 Program for the Poverty Reduction To achieve the MDGsInstitutional mechanism for eight tasks(a) Development of agricultural production sector(b) Development of Livestock sector(c) Development of rural productivity and cottage industries(d) Development of micro saving and credit enterprises(e) Development of rural cooperative tasks(f) Development of rural socio-economy(g) Development of rural energy(h) Environmental conservation.
25 Reducing the half of poverty line in 2015. We have set our target to reduce the half of poverty line inCurrently it is now 26% is below the poverty linetrying to reduce until 16 % in 2015.In that case, we need more cooperation not only from regional community but also from global community.
26 Aid EffectivenessAid effectiveness is also emphasized after the openness of our economy.Since our international relation has been improved, we received more aid, grants from the donors community.We also would like to build the trust with international community as well as we ourselves would like to have aid effectiveness for our national aim of poverty reduction.
27 Foreign Direct Investment Sources of Finance: Consideration for the best allocation of the sources of financeSource of FinanceOwn BudgetLoanGrantAidForeign Direct Investment
28 Foreign Aid Effectiveness Sources of financeAidGrantLoanForeign Aid Effectiveness
29 Paris Declaration on Aid Effectiveness OwnershipAlignmentHarmonizationManaging for resultsMutual accountability
30 Aid Effectiveness Mechanism Now we have already formed Central Committee on Aid effectiveness chaired by the President.Under the Central committee, we have working committee as well as National Socio-economic Advisory Council (NSAC) which comprises Academicians, private sectors and civil society.
31 Matching between Needs & Grant/ Aids There was coordination weakness and failure among donors, between government agencies and donorsPreviously, foreign grants and Aids are donor drivenOvercoming coordination weakness and failureTherefore, we need to provide projects and plans to reflect our people’s wants needs and close coordination with donors communityReflecting our people’s wants needs
32 Aid Effectiveness Management Institution Central Committee on Effective Aid ManagementWorking Committee on Effective Aid ManagementMinistries/ Local and Regional GovtsDonors Community/ IOsNational Economic and Social Council (NESC)Private sector/ Civil SocietyAcademicians
33 Aids Effectivenessformed Central Aids Effectiveness Management Committee which is chaired by the President to utilize the aids, grants and loans effectively and efficiently.We also have formed Socio-economic Advisory Council which includes civil society organizations, private sectors and academicians.Planning Commission also has been formed to systemically implement the projects and to ensure balance growth among the regions.
34 Cooperation with regional economy as well as international economy We are ready to cooperatenow closely working with ADB, IMF, World Bank and WTOAnd we are also closely working with UN organizations and its affiliates and INGOs for the rural development and poverty reduction in Myanmar.We very much welcome the removal of economic sanctions from EU and US.
35 As a member in the family of nations, Myanmar will be participating more actively in the activities of the United Nations in various fields.Standing as a responsible and respectable nation on the world stagetake the challenges of the 21st century in a bold and resolute mannerMyanmar should be viewed from a different and new perspectiveIt is also necessary for us to be able to work in a more conducive and favourable environment than never before.
36 Implementation of Istanbul plan of actions Reforms: in line with the Implementation of Istanbul plan of actionsgovernment is taking ownership and leadership for our own development.An integrated approach is also applied with the participation of all stakeholders including international community.Peace and security, development and human rights are also promoted by conducting political, economic and institutional reformscommitted to carry on for the sake of our people as well as to achieve MDGs and to actively contribute towards the maintenance of international peace and security.
37 Appreciation to UNLooking forward closer cooperation with United Nations for Normal Country Program in Myanmar and many thanks for the Human Development Initiatives and technical assistances that contributes towards national development of Myanmar.