Myanmar's offshore fish stocks have been depleted by up to 80% since 1979, exposing Myanmar's people to significant economic, food security, nutrition and environmental risks. This ecosystem decline has been driven by out-dated and weak laws and policies and by inadequate management and institutional capacity. Investment in protecting and restoring fish stocks, ecosystems and habitats is required. This policy brief describes how Myanmar's fisheries can be rebuilt and long-term economic, social and environmental benefits captured for the benefit of Myanmar's people through a focus on improving laws, policies, partnerships, management and institutional capacities.