Open Budget Survey Document Availability Tracker
December 2016 Update
To recognize improvements and identify slippages in budget transparency between rounds of the biennial Open Budget Survey, we periodically assess the public availability of the eight key budget documents – an essential component of transparency. This update presents the results of the most recent of these interim assessments.
|Open Budget Survey 2015||December 2016 Update|
|Pre-Budget Statement||Not Produced||Produced for Internal Use Only|
|Executive's Budget Proposal||Produced for Internal Use Only||Produced for Internal Use Only|
|Enacted Budget||Available to the Public||Produced for Internal Use Only|
|Citizens Budget||Not Produced||Not Produced|
|In-Year Reports||Produced for Internal Use Only||Not Produced|
|Mid-Year Review||Not Produced||Produced for Internal Use Only|
|Year-End Report||Produced for Internal Use Only||Produced for Internal Use Only|
|Audit Report||Not Produced||Produced for Internal Use Only|
As of 31 December 2016, the government of Equatorial Guinea makes none of the eight key budget documents publicly available online in a timeframe consistent with international standards. This reflects a net decrease over the findings of the Open Budget Survey 2015, which assessed the availability of documents up to 30 June 2014. Since that assessment, Equatorial Guinea has failed to publish the Enacted Budget.
To improve budget transparency, Equatorial Guinea should publish an Executive’s Budget Proposal, a Year-End Report, and an Enacted Budget. For more information on the content that the eight key budget documents should contain, and the publication timeframe for each document, please see IBP’s Guide to Transparency in Government Budget Reports and the Open Budget Survey Guidelines on Public Availability of Budget Documents.
Transparency (Open Budget Index) 4/100
The Government of Equatorial Guinea provides the public with scant budget information.
Public Participation 2/100
The Government of Equatorial Guinea is weak in providing the public with opportunities to engage in the budget process.
By legislature 24/100
Budget oversight by the legislature in Equatorial Guinea is weak.
By auditor 0/100
Budget oversight by the supreme audit institution in Equatorial Guinea is nonexistent.
Equatorial Guinea should prioritize the following actions to improve budget transparency:
- Publish an Executive’s Budget Proposal.
- Publish a Year-End Report and In-Year Reports.
- Produce and publish the Audit Report, Citizens Budget, Pre-Budget Statement, and Mid-Year Review.
Equatorial Guinea should prioritize the following actions to improve budget participation:
- Establish credible and effective mechanisms (i.e., public hearings, surveys, focus groups) for capturing a range of public perspectives on budget matters.
- Hold legislative hearings on the budgets of specific ministries, departments, and agencies (as well as on audit reports) at which testimony from the public is heard.
- Establish formal mechanisms for the public to assist the supreme audit institution to formulate its audit program and participate in audit investigations.
Equatorial Guinea should prioritize the following actions to strengthen budget oversight:
- Establish a specialized budget research office for the legislature.
- Ensure the executive receives prior approval by the legislature before implementing a supplemental budget.
- Require legislative or judicial approval to remove the head of the supreme audit institution.