A Global Initiative on Fiscal Transparency, Engagement, and Accountability

Jul 22, 2011

Stakeholders Commit to Launch a Multi-Stakeholder Global Initiative on Fiscal Transparency, Engagement, and Accountability Washington, D.C., 14 July 2011. A historic first Steward’s Committee meeting was held in Washington, D.C., on 13-14 July 2011 where stakeholders committed to join forces to design and launch a “Global Initiative for Fiscal Transparency (GIFT).”  Governments, international organizations, professional […]

County On It

Jul 18, 2011

There are many questions that one could ask about Kenya’s new draft County Governments Financial Management Bill, 2011 which can be found online here. The first is why this bill is even more voluminous (40 extra pages!) than the Public Financial Management Bill draft for central government. Another question is how these two bills will […]

Is protesting against budget cuts short sighted?

Jun 30, 2011

All over the south of Europe people are in the streets protesting against their governments’ efforts to balance budgets. Similar storms are brewing in the USA and elsewhere. Everywhere jobs, salaries, retirement benefits and key social services are under the threat of budget cuts. Aren’t protest against spending cuts selfish and short sighted? It is […]

Draft #5: Still more work to be done on Kenya’s budget law

Jun 24, 2011

Kenya’s new PFM draft is out Kenya’s draft PFM law is now, according to the version available on the Constitutional Implementation Commission’s website, in its fifth iteration.  The numerological significance of the draft editions is a bit opaque: there is a previous draft on the Ministry of Finance website, which is titled the “zero draft.”  […]

Kenya Cracks Open Its Budget

Jun 22, 2011

This month, Kenya released its first ever Citizens Budget.  The Citizens Budget is a summary of the budget using non-technical language.  According to international good practice, it is considered to be one of the eight key budget documents that governments should release throughout the fiscal year.  Kenya’s version, Budget Highlights 2011-2012: Citizen’s Guide, is a […]

12:221, the choice of a new generation

Jun 03, 2011

Thomas Jefferson once opined that the constitution should be rewritten every two decades, since each generation has “a right to choose for itself the form of government it believes most promotive of its own happiness.” This radical notion was rejected by his contemporaries, of course, and no country on earth has adopted such a policy […]

How to cut expenditure strategically: Swaziland and the United States

May 24, 2011

Last week the World Bank told Swaziland to cut its spending in order to curtail its sprawling deficit. And how should this be done? Well, by simply administering an across the board pay cut to civil servants. Not too sophisticated. Expect trouble. When the USA had its own fiscal crisis earlier this year, David Brooks […]

Do you know about our other publications? The Blog is just the tip of the iceberg

May 20, 2011

You should know that the Open Budgets Blog (OBB)  is hosted by the International Budget Partnership (IBP). Click here if you want to find out more about the OBB or the IBP. Do you know about the IBP’s other publications? In addition to this blog, other IBP’s electronic publications document and promote the activities of […]