Finance and Revenue: Clarification of MOFR works to Hluttaw Representatives

A clarification on the tasks of the Ministry of Finance and Revenue to the Htuttaw representatives took place in Nay Pyi Taw on Thursday.

AmyothaHtuttaw Speaker U Aung Lin Dwe, Deputy Speaker JengPhangNawTaung,  Htuttaw representatives and officials from the Ministry attended the event. Officials explained about budgeting definitions and terminology, account categories, fund program, budget cycle and formulating a Policy-Based medium-term fiscal framework as well as Budget Preparation, Law Enactment, implementation measure, responsibilities allocation, supervision, reporting, and auditing. Furthermore, explanations were made on the Myanma custom nature, custom laws, categories and adjustments measure.