by Dr. Yogesh Kumar, Samarthan— Apr 25, 2016
Samarthan, a civil society organization and IBP partner, works in the Indian state of Madhya Pradesh to address social development issues by strengthening grassroots civil society groups. One of the ways the group does so is through the People’s Budget Initiative (PBI), a large national network of CSOs that work together to influence budget policy. Those who are marginalized and poor need a louder voice and more representation in policy discourse, particularly how public resources are used. In March, 2016, the Madhya Pradesh government presented the budget for financial year 2016-17, which Samarthan and PBI have been working hard to influence, but translating what’s on paper into positive outcomes for the poor and marginalized requires constant vigilance and reassessment.
by Emina Gljiva, Foundation CPI— Oct 28, 2015
For the CPI Foundation, addressing the low levels of budget literacy in Bosnia and Herzegovina is an urgent challenge. To capture the public’s attention, and underline the importance of budgets, they installed a digital counter displaying how much public money the government is spending. Located on a busy street at the heart of the capital Sarajevo, the counter gives a second-by-second update of expenditure across all central budgets in Bosnia and Herzegovina.
By Delaine McCullough, International Budget Partnership— Sep 09, 2015
The latest round of the Open Budget Survey — the world’s only independent, comparative assessment of budget transparency, participation, and formal oversight — reveals the vast majority of countries surveyed have inadequate systems for ensuring that public funds are used efficiently and effectively. Of the 102 countries assessed, 98 fall short on at least one of the three core pillars of budget accountability: transparency, participation, or oversight. A concerning 32 countries fall short on all three pillars. This lack of strong budget accountability systems pose a threat to the implementation of critical international agreements such as the United Nations’ Sustainable Development Goals and the international agreement expected to come from the 2015 Paris Climate Conference.
By IBP, essays from the 2014 Annual Report— Jun 23, 2015
Our Open Budget Survey Tracker findings have revealed a complex pattern in which improvements in budget transparency are not always sustained by governments and indicate that IBP and other proponents of open budgeting need to better understand the incentives governments face not only for becoming more transparent but also for maintaining and sustaining improvements.
By Rocio Campos, International Budget Partnership— Mar 10, 2015
Salvadoran workers have lost hundreds of millions of dollars in interest that the government should have paid on state pensions, according to a recent decision handed down by El Salvador’s Supreme Court of Justice. Despite interest rates on private savings averaging around 7 percent, the government has paid just 1 percent interest on public pension savings. Between 2007 and 2013 alone, this would have meant an additional USD 930 million being paid into the state pension system.
Aug 14, 2014
This post was written by Helena Hofbauer, Director of Partnership Development and Innovation at the International Budget Partnership. The last few decades have seen two mutually reinforcing trends with regard to government budgets. First, though fiscal policy has long been seen as a key tool for governments to support stable economies and provide public services, the […]