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Budget Transparency: Better for Democracy Better for the Economy Launch of Open Budget Survey 2015 © Verité Research 2015.

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Presentation on theme: "Budget Transparency: Better for Democracy Better for the Economy Launch of Open Budget Survey 2015 © Verité Research 2015."— Presentation transcript:

1 Budget Transparency: Better for Democracy Better for the Economy Launch of Open Budget Survey 2015 © Verité Research 2015

2 39 /100 69 /102 Score Rank Open Budget Survey : Sri Lanka

3 Sri Lanka falls in transparency score 69 th /102 52 th /100 13 th /94 14 th /83 27 th /59 45

4 Sri Lanka steady South Asian Rank & Score 20062008201020122015 India 52 Sri Lanka 64 Sri Lanka & India 67 India 68 Bangladesh 56 Pakistan 51 India 60 Afghanistan 59 India 46 Sri Lanka 47 Nepal 43 Bangladesh 48 Bangladesh & Pakistan 58 Pakistan 43 Bangladesh 40 Bangladesh 42 Nepal 45 Afghanistan 42 Nepal 30 Pakistan 38 Pakistan 38 Sri Lanka 46 Sri Lanka 39 Afghanistan 8 Afghanistan 21 Nepal 44 Nepal 24

5 Inconsistency in publications Document20062008201020122015 Pre- Budget Statement Budget Estimates Appropriation Act Citizens Budget In-Year Report Mid-Year Review Annual Report (MOF) Auditor General’s Report Published Published for internal use Not Published

6 Citizen’s have ‘minimal’ budget information Scant/none 0-20 Minimal 21-40 Limited 41-60 Substantial 61-80 Extensive 81-100 Reduces ability to evaluate & scrutinize Decline in credible budget reporting 47 64 67 46 39

7 Weak participation and oversight WEAK LIMITED ADEQUATE 0100 15 Public Participation 67 Oversight by Auditor General 37 Oversight by Legislature

8 Three ways to improve budget transparency Make budgets people friendly Publish budget monitoring documents on time Create stronger control on contingent spending

9 Thank you © Verité Research 2015


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