Contract disclosure in oil, gas and mining is rapidly becoming standard practice around the world, but in Myanmar, there has been little progress on contract transparency. The government now has an important opportunity to overhaul disclosure requirements and ensure Myanmar keeps pace with a growing global trend.
This report presents policy-makers with a framework for thinking through the range of natural resource governance responsibilities and the models used by different countries for conferring greater influence to subnational institutions.
Four years after the Extractive Industries Transparency Initiative (EITI) began encouraging contract disclosure through its standard, this report assesses the extent to which governments of resource-rich countries have taken up the recommendation.
Natural resource revenue sharing will be part of upcoming discussions on federalism in Myanmar. This paper outlines the current state of fiscal decentralization, describes the size and location of extractive activities, and shares good practices for resource revenue distribution, drawing on international experiences.