Regulatory Alerts2017-06-26
Regulation for Finance
The Myanmar Central Bank has issued a comprehensive financial and personnel regulation effective July 2017, establishing standardized procedures for budget allocation, cash management, and service expenditures. The directive mandates strict compliance with the Central Bank Law by detailing salary scales, allowance structures, recruitment protocols, and organizational reporting requirements for all staff. Furthermore, it outlines clear administrative responsibilities for departmental heads and the personnel division to ensure accurate financial tracking and operational efficiency across all branches.
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