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Nicaragua

Open Budget Survey 2017

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

43

out of 100
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Public Participation

11

out of 100
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Budget Oversight

63

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)

43

out of 100

Nicaragua provides the public with limited budget information.

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

Nicaragua should prioritize the following actions to improve budget transparency:

  • Publish a Pre-Budget Statement online.
  • Produce and publish online a Citizens Budget and a Mid-Year Review.
  • Increase the information provided in the Executive’s Budget Proposal by increasing information on performance and policy and increasing the data on the financial position of the government.

Public Participation

11

out of 100

Nicaragua 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
Mexico 35/100
Guatemala 30/100
Dominican Republic 17/100
Nicaragua 11/100
Trinidad and Tobago 7/100
Honduras 7/100
Costa Rica 7/100
El Salvador 6/100
Recommendations for Improving Participation

Nicaragua 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 member of the public or civil society organizations can testify.
  • Establish formal mechanisms for the public to assist the supreme audit institution by participating in relevant audit investigations.

Budget Oversight (by Legislature & Audit)

63

out of 100

The legislature and supreme audit institution in Nicaragua provide adequate oversight of the budget.

To What Extent Does the Legislature Provide Budget Oversight?

Formulation/Approval 57/100
Execution/Audit 73/100

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

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

Adequate 61/100

The supreme audit institution provides adequate budget oversight.

Recommendations for Improving Oversight

Nicaragua 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 approves recommendations for the upcoming budget.
  • Ensure a legislative committee examines in-year budget implementation and publishes reports with recommendations online.
  • Ensure the supreme audit institution has adequate funding to perform its duties, as determined by an independent body (e.g., the legislature or judiciary).
  • Consider setting up an independent fiscal institution to further strengthen budget oversight.

Open Budget Survey 2015

Downloads:
Country Summary - English Country Summary - Spanish Questionnaire

Transparency (Open Budget Index) 46/100 

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

Public Participation 6/100 

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

Budget Oversight 

By legislature 61/100

Budget oversight by the legislature in Nicaragua is adequate.

By auditor 42/100

Budget oversight by the supreme audit institution in Nicaragua is limited.

Recommendations 

Improving Transparency

Nicaragua should prioritize the following actions to improve budget transparency:

  • Publish a Pre-Budget Statement.
  • Produce and publish a Citizens Budget and Mid-Year Review.
  • Increase the comprehensiveness of the Executive’s Budget Proposal by presenting more data on the total debt stock and interest for the budget year and more information on macroeconomic forecasts.
Improving Participation

Nicaragua 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.
  • Provide detailed feedback on how public participation has been used by the supreme audit institution.)
Improving Oversight

Nicaragua should prioritize the following actions to strengthen budget oversight:

  • Ensure the legislature holds a pre-budget debate and the outcome is reflected in the Enacted Budget.
  • 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.
  • Ensure the supreme audit institution has adequate funding to perform its duties, as determined by an independent body (e.g., the legislature or judiciary).

 



Open Budget Survey 2010

Downloads:
Country Summary Country Summary - Spanish Questionnaire

Open Budget Survey 2008

Downloads:
Country Summary Country Summary - Spanish Questionnaire

Open Budget Survey 2006

Downloads:
Country Summary Country Summary - Spanish Questionnaire



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