THE METHODS TO ACHIEVE OPENNESS AND TRANSPARENCY OF BUDGET

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Abstract

Despite adopted legal acts, laws, decrees, there are several areas which should be improved
and matters that should be solved in order that our budgets will be more open and transparent.
How can Budget Transparency be promoted? Governments and public institutions at all levels
(national, provincial, local, school, and health center) formulate budgets. However, opaque
budget processes, off-budget activities, and poorly managed expenditure systems provide
manifold opportunities for corruption and resource mismanagement. The Budget
Transparency Feedback Loop shows the key steps involved in making budgets transparent and
transforming them into tools which empower citizens to influence policy, programs, and
resource allocations. Budget transparency activities can and should occur at multiple levels of
government—national, provincial, local, and service-delivery facility (e.g., school or health
facility).

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How to Cite
THE METHODS TO ACHIEVE OPENNESS AND TRANSPARENCY OF BUDGET. (2020). Archive of Conferences, 2(2), 90-93. Retrieved from https://conferencepublication.com/index.php/aoc/article/view/87
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