budget transparency: better for democracy better for the economy launch of open budget survey 2015...

Budget Transparency:Better for Democracy Better for the Economy

Launch of Open Budget Survey 2015© Verité Research 2015

39/100 69/102

Score Rank

Open Budget Survey : Sri Lanka

Sri Lanka falls in transparency score

69th/102

52th/100

13th/9414th/83

27th/59

45

Sri Lanka steadySouth Asian Rank & Score

2006 2008 2010 2012 2015India

52Sri 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

Bangladesh42

Nepal 45

Afghanistan 42

Nepal 30

Pakistan 38

Pakistan 38

Sri Lanka 46

Sri Lanka 39

Afghanistan 8

Afghanistan 21

Nepal 44

Nepal 24

Inconsistency in publicationsDocument 2006 2008 2010 2012 2015

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

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

4639

Weak participation and oversight

WEAK LIMITED ADEQUATE0 10

015Public

Participation

67Oversight by

Auditor General

37Oversight by Legislature

Three ways to improve budget transparency

Make budgets people

friendly

Publish budget monitoring

documents on time

Create stronger control on contingent spending

Thank you

© Verité Research 2015