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Chile

Open Budget Survey 2017

Downloads:
Country Summary - English Country Summary - Spanish Questionnaire
Transparency

57

out of 100
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Public Participation

11

out of 100
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Budget Oversight

56

out of 100
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IBP considers countries that score above 60 on the Open Budget Index as providing sufficient budget information to enable the public to engage in budget discussions in an informed manner. IBP considers countries scoring above 60 on participation and oversight as providing adequate opportunities for the public to participate in the budget process and providing adequate oversight practices, respectively.

Transparency (Open Budget Index)

57

out of 100

Chile provides the public with limited budget information.

How Has the Open Budget Index Score Changed Over Time?
Recommendations for Improving Transparency

Chile should prioritize the following actions to improve budget transparency:

  • Publish a Pre-Budget Statement online.
  • Increase the information provided in the Executive’s Budget Proposal by providing detail on linking the budget more closely to policy for a multi-year period; by providing more information on the macroeconomic forecast, including interest rate; and by increasing the data on the financial position of the government, such as information on nonfinancial assets and expenditure arrears.
  • Increase the information provided in the Year-End Report by providing more detail on budget performance measures and providing more information on the macroeconomic forecast and its impact on the budget.

Public Participation

11

out of 100

Chile provides few opportunities for the public to engage in the budget process.

How Does Public Participation Compare to Other Countries in the Region?

Global Average 12/100
Brazil 35/100
Peru 22/100
Colombia 15/100
Argentina 13/100
Bolivia 13/100
Chile 11/100
Paraguay 11/100
Venezuela 7/100
Ecuador 6/100
Recommendations for Improving Participation

Chile should prioritize the following actions to improve public participation in its budget process:

  • Pilot mechanisms for members of the public and executive branch officials to exchange views on national budget matters during both the formulation of the national budget and the monitoring of its implementation. These mechanisms could build on innovations, such as participatory budgeting and social audits. For examples of such mechanisms, see fiscaltransparency.net/mechanisms.
  • Hold legislative hearings on the formulation of the annual budget, during which any members of the public or civil society organizations can testify.
  • Establish formal mechanisms for the public to participate in relevant audit investigations.

Budget Oversight (by Legislature & Audit)

56

out of 100

The legislature and supreme audit institution in Chile provide limited oversight of the budget.

To What Extent Does the Legislature Provide Budget Oversight?

Formulation/Approval 62/100
Execution/Audit 13/100

The legislature provides limited oversight during the budget cycle. This score reflects that the legislature provides adequate oversight during the planning stage of the budget cycle and weak oversight during the implementation stage of the budget cycle.

To What Extent Does the Supreme Audit Institution Provide Budget Oversight?

Adequate 83/100

The supreme audit institution provides adequate budget oversight.

Recommendations for Improving Oversight

Chile should prioritize the following actions to make budget oversight more effective:

  • Ensure the legislature holds a debate on budget policy prior to the tabling of the Executive’s Budget Proposal and approve recommendations for the upcoming budget.
  • Ensure a legislative committee examines reports on in-year budget implementation and publishes recommendations online.
  • Ensure audit processes are reviewed by an independent agency.
  • Consider setting up an independent fiscal institution.

Open Budget Survey 2015

Downloads:
Country Summary - English Country Summary - Spanish Questionnaire

Transparency (Open Budget Index) 58/100 

The Government of Chile provides the public with limited budget information.

Public Participation 23/100 

The Government of Chile is weak in providing the public with opportunities to engage in the budget process.

Budget Oversight 

By legislature 67/100

Budget oversight by the legislature in Chile is adequate.

By auditor 100/100

Budget oversight by the supreme audit institution in Chile is adequate.

Recommendations 

Improving Transparency

Chile should prioritize the following actions to improve budget transparency:

  • Publish a Pre-Budget Statement.
  • Increase the comprehensiveness of the Executive’s Budget Proposal by including functional classification for the current budget year, presenting more information on the classification of expenditures for future years and the total debt stock and interest for budget year.
  • Increase the comprehensiveness of the Year-End Report by presenting more information on planned versus actual expenditures and on planned versus actual macroeconomic forecasts.
Improving Participation

Chile 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 at which testimony from the public is heard.
Improving Oversight

Chile should prioritize the following actions to strengthen budget oversight:

  • Establish a specialized budget research office for the legislature.
  • In both law and practice, ensure the legislature is consulted prior to the spending of contingency funds that were not identified in the Enacted Budget.

 



Open Budget Survey 2010

Downloads:
Country Summary Country Summary - Spanish Questionnaire



See more on budget work in Chile »