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Arkar Hein

    Arkar Hein

    The Asian Infrastructure Investment Bank (AIIB), a new international financial institution created by China, recently gained media attention following the induction of several new high-profile members. The bank was initially proposed by... more
    The Asian Infrastructure Investment Bank (AIIB), a new international financial institution created by China, recently gained media attention following the induction of several new high-profile members. The bank was initially proposed by China and then launched last October with 20 other countries. Since then, many more nations – including some prominent US allies – have signed on. In total, there are now 57 Prospective Founding Members.
    This report has identified a number of challenges associated with SEE governance in Myanmar, including revenue retention rules, management of Other Account balances, transparency, and budgeting and oversight. Furthermore, we have detected... more
    This report has identified a number of challenges associated with SEE governance in Myanmar, including revenue retention rules, management of Other Account balances, transparency, and budgeting and oversight. Furthermore, we have detected a number of specific risks to natural resource SEE profitability, specifically at MOGE and MGE. Here we provide recommendations on areas for reform and discuss what policy changes Myanmar officials could consider to address these risks and challenges. We also suggest a draft timeline on implementation of reforms.