Budget Department

Responsibility

  1. Compiling and preparing the Union Budget Bill together with the annual budget statement of Union Level departments and organizations and performing to be able to submit it to the Union Minister's Office of the Ministry of Planning and Finance, the Financial Commission, the Union     Government and the Pyidaungsu Hluttaw.
  2. Compiling and preparing the Supplementary Appropriation Bill together with the Supplementary Grant of Union Level departments and organizations and performing to be able to submit it to the Union Minister's Office of Ministry of Planning and Finance, Financial Commission, the Union Government and the Pyidaungsu Hluttaw.
  3. Compiling the accounts which are surrendered to the General Reserve Fund and transferred from the General Reserve Fund by the respective Union Level departments and organizations and performing to be able to submit to the Minister's Office of Ministry of Planning and Finance and the President's Office.
  4. Performing the functions related to Intergovernmental fiscal relations between Union and Regions or States in order to strengthen.
  5. Formulation of Foreign Exchange Budget (FE Budget) after scrutinizing foreign exchange revenue and expenditure included in annual budget which submits by Ministries & Organizations.
  6. Estimating for allocation of Foreign Exchange based on the current and capital expenditure of Departments and Organizations and purchasing of materials from abroad, contribution annual fee to international organizations, issuing FE permits due on principal and interest payment for borrowing external loans.
  7. Scrutinizing matters related to Foreign Exchange in line with financial regulations and issuing directives if necessary.
  8. Reporting and analyzing the function of the fiscal policy, expenditure policy and Financial Situation of State Economic Enterprises which lead to macroeconomic stability in the long term and to improve the economic growth.
  9. Confirming the preparing processes and activities of Extractive Industries Transparency Initiative (EITI) report, reviewing a draft EITI report, approving EITI report, and assisting in publishing the EITI Report in line with the Standard Schedule laid down by International EITI Board.
  10. Implementing the budget reform missions of the Budget Department of the Ministry of Planning and Finance by communicating with international organizations.
  11. Implementing as a prime mover of Myanmar Modernization of Public Finance Management Project.
  12. Scrutinizing in accord with financial regulation and civil service regulation, and issuing directives, orders, procedures in occasionally.