Myanmar - Public finance
The government presents its budget in March for the 1 April–31 March fiscal year. The public sector budget typically shows an overall deficit because of economic mismanagement.
The US Central Intelligence Agency (CIA) estimates that in 1997 Myanmar's central government took in revenues of approximately $7.9 billion and had expenditures of $12.2 billion including capital expenditures of $5.7 billion. Overall, the government registered a deficit of approximately $4.3 billion. External debt totaled $6 billion.
The following table shows an itemized breakdown of government revenues and expenditures. The percentages were calculated from data reported by the International Monetary Fund. The dollar amounts (millions) are based on the CIA estimates provided above.
|REVENUE AND GRANTS||100%||7,900|
|General public services||8.9%||1,085|
|Housing and community amenities||0.4%||45|
|Recreation, cultural, and religious affairs||2.3%||280|
|Economic affairs and services||34.9%||4,261|