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Myanmar is eligible for an extension of the reporting deadline.

Decision on a reporting extension for Myanmar

Decision reference
2020-28 / BC-288

The Board concluded on 14 April 2020, that Myanmar is eligible for an extension of the reporting deadline of the 6th EITI Report covering the interim fiscal period 1 April 2018 - 30 September 2018, which will be published alongside the 7th EITI Report covering the fiscal period 1 October 2018 - 30 September 2019. The deadline for the publication of both reports is 30 September 2021. If the outstanding EITI Report is not published by the agreed date, Myanmar will be temporarily suspended. The suspension will not be lifted until Requirement 4.8 is met. If the suspension is in effect for more than one year, the EITI Board will delist Myanmar.

The assessment of the extension request was carried out in accordance with Article 7 in the EITI Standard’s provisions on EITI Board oversight of implementation. In its decision, the Board noted the changes to Myanmar’s financial year, launched in 2018 with varying timelines for the government budget period and the taxpayer fiscal period. The Board recognised that these changes would cause delays in EITI reporting which were outside of the control of the MSG. The Board also recognised the efforts by the MSG to improve the quality of EITI reporting and disclosures relating to beneficial ownership and licenses.

Países
Myanmar