Thailand
Myanmar: Change in fiscal year insufficient to address shortfalls in budget process
While seen as positive, Nay Pyi Taw’s proposed change of fiscal year alone cannot address the lack of flexibility in the annual budgeting process, according to businesses. The adoption of multi-year budgeting should be adopted instead. Lawyers, investors and financiers told The Myanmar Times that while changing the fiscal year could bring some advantage to the economy, […]
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