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Equatorial Guinea

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.

Equatorial Guinea

Open Budget Survey 2015December 2016 Update
Pre-Budget StatementNot ProducedProduced for Internal Use Only
Executive's Budget ProposalProduced for Internal Use OnlyProduced for Internal Use Only
Enacted BudgetAvailable to the PublicProduced for Internal Use Only
Citizens BudgetNot ProducedNot Produced
In-Year ReportsProduced for Internal Use OnlyNot Produced
Mid-Year ReviewNot ProducedProduced for Internal Use Only
Year-End ReportProduced for Internal Use OnlyProduced for Internal Use Only
Audit ReportNot ProducedProduced 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.


2015

Downloads:
Country Summary - English Country Summary - Spanish Questionnaire

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.

Budget Oversight 

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.

Recommendations 

Improving Transparency

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.
Improving Participation

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.
Improving Oversight

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.

 







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