After decades of isolation, Myanmar has started to undertake major reforms toward a democratic system and market-based economy.
ADB resumed operations in Myanmar in 2013, with an assistance package for social and economic development that is designed to build a solid foundation for further reforms to alleviate poverty and foster growth.
As part of its phased approach to reengagement with the country, ADB developed an interim country partnership strategy (ICPS) for Myanmar for the period 2012-2014. The ICPS provided the framework for reengagement activities and mandated a highly consultative process to establish the foundation for a full country partnership strategy at the end of the interim period.
During the 2014 country programming mission, ADB and the government agreed that the strategic thrust of the interim CPS, 2012-2014 remains valid, and that it is suitable to extend its validity by 2 years to 2016.
The interim strategy supports the government’s development goals and priorities, and addresses the critical development constraints identified by ADB’s preliminary needs assessment of key sectors - transport; energy; agriculture and natural resources; education; and urban development, including water and sanitation. It is also closely aligned with ADB’s Strategy 2020.
The country operations business plan (COBP) for 2017-2019 is an interim step in the preparation of the new CPS, 2017-2021 for Myanmar, which is scheduled for approval in early 2017. It reflects the gradual shift toward
- an increased sector focus, with the bulk (around 85 percent) of financial resources for 2017–2019 being allocated to infrastructure (energy, transport, urban development, and irrigation); and
- a long-term approach in all activities.
ADB’s medium-term goal in Myanmar is to assist the government in promoting sustainable and inclusive economic development and job creation in support of poverty reduction.
ADB had not had operations in Myanmar since 1988, although the country, as a member of the Greater Mekong Subregion program, has participated in ADB-assisted regional activities over the last 20 years.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.