CBM Letter FE-1-290 - Exemptions For Companies Working Under Aids and Grants - E+M

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Republic of the Union of Myanmar

Central Bank of Myanmar

Reference No: FE-1/290


Date: 19 May 2022.

Subject: Matters relating to the CBM Notification No. 12/2022.


Reference: CBM Notification No. 12/2022 dated 03-04-2022.

1. Foreign Exchange Supervisory Committee (FESC) has resolved the matters relating
to exemptions pursuant to paragraph 3 of the CBM Notification No. 12/2022 during
its meeting (No. 14/2022).
2. Pursuant to the resolutions made during the FESC meeting (No. 14/2022), please be
informed that “companies that are related with or implement projects operating
under foreign development aids or loans” are exempted from and not covered under
the CBM Notification No. 12/2022.

Signed
(for) Chairman
Win Thaw, Deputy Chairman
Disseminated to:
All AD Licencees

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