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Development assistance in Myanmar

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Promoting inclusive economic growth and government management in Myanmar

Promoting inclusive economic growth and government management in Myanmar

Overview

Myanmar is continuing its complex economic reforms, and has maintained an average growth rate of 7 per cent over the past five years.

Australian aid is helping to create a legislative and policy environment that incentivises inclusive investment, trade and economic reform.

Australia also promotes women's economic empowerment and supports partners to facilitate increased engagement between government, the private sector and civil society. In rural development, Australia is committed to increasing incomes and access to finance for rural households.

Related initiatives

Myanmar Investment Climate and Competitiveness Program

$20 million, 2015-2020

Australia's major investment in private sector development is the Investment Climate and Competitiveness Program (ICCP). This is a five-year program, co-funded with the UK Government's Department for International Development (DFID), that aims to improve the competitiveness of the private sector, increase investment and create jobs. The ICCP is implemented by the International Finance Corporation (IFC).

ICCP provides technical assistance and capacity building to the Myanmar Government and the private sector across four main components:

  1. Business regulation to improve the enabling and regulatory environment
  2. Improving the investment policy framework and corporate governance
  3. Supporting economic integration by improving connectivity, strengthening trade policy, and making trade more inclusive
  4. Supporting linkages in key value chains, such as helping international and Myanmar-based companies to create a sustainable market for high quality off-grid energy solutions.

Related links

Livelihoods and Food Security Trust Fund (LIFT)

$29 million 2009-2019

The Livelihoods and Food Security Trust Fund (LIFT) is the largest multi-donor financing mechanism in Myanmar, to which Australia is the third largest donor (contributing 5.9 per cent of its total funds). It promotes resilient and inclusive growth in Myanmar by enabling poor women and men to 'step up' into commercial value chains; 'step out' of marginalised farming into more profitable off-farm jobs; and 'hang in' by using agriculture as an affordable safety net.

LIFT facilitates access to finance for rural women and men, provides technical expertise to inform the Myanmar Government's agricultural policies, and continues to leverage private sector investment in support of rural development. LIFT's financial inclusion program is closing the enormous gap between supply and access to financial services in Myanmar.

Related links

Case study: LIFT - Empowering migrant women with skills leading to safe employment and better livelihoods

Australia, as a donor to the Livelihoods and Food Security Trust Fund (LIFT) in Myanmar, is supporting women who have migrated to Yangon from rural areas to find safe employment as skilled workers in the garment sector.

Migration from rural areas to cities is on the rise in Myanmar as the country undergoes a structural transformation. Predictions are Myanmar's garment industry will grow from employing 400,000 workers to 1.5 million workers in the next five to 10 years. Most of the workers are migrant women.

Photo: Livelihoods and Food Security Trust Fund (LIFT), UNOPS

Women arriving in urban areas often lack skills and training and are vulnerable to exploitation, often working in unskilled jobs receiving minimal income, if any, while facing social marginalisation.

LIFT's Industry Solutions for Safe Employment project began in 2017 and has established: a garment skills training centre; the first National Occupational Competency Standard allowing for trainees to be accredited; and links with private sector garment factories and job placement services.

Employment of all the first 75 women graduates as paid skilled workers in garment factories sees them earning around double the salaries they would have earned without training.

As well as enhancing women's livelihoods, the project is contributing to the garment industry's growth potential. The factories linked to the project have established on-the-job training lines and the project works with government, factories and civil society to increase workplace protection.


* The Department of Foreign Affairs and Trade (DFAT) is committed to high standards of transparency and accountability in the management of the Australian aid program through publishing information on our website, including policies, plans, results, evaluations and research. Our practice is to publish documents after the partner government and any other partners directly involved in the delivery of the initiative have been consulted. Not all material published on this site is created by the Australian aid program and therefore not all documents reflect our views. In limited circumstances some information may be withheld for reasons including privacy and commercial sensitivity.

Last Updated: 8 May 2018
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