Transparency of Budgetary Processes (GE0029)
Overview
At-a-Glance
Action Plan: Georgia, Second Action Plan, 2014-16
Action Plan Cycle: 2014
Status:
Institutions
Lead Institution: Ministry of Finance
Support Institution(s): Parliament of Georgia; International Organizations, Forum member CSOs
Policy Areas
Fiscal Openness, Public Participation, Publication of Budget/Fiscal InformationIRM Review
IRM Report: Georgia End-of-Term Report 2014-2016, Georgia IRM Progress Report 2014-2015
Early Results: Did Not Change
Design i
Verifiable: Yes
Relevant to OGP Values: Yes
Ambition (see definition): High
Implementation i
Description
One of the most important tools for opening up governments and increasing their accountability is providing the public with information regarding the government activities. The latter is especially important with regard to the budgetary process. Public engagement in developing state budget and informing citizens on budget executions are crucial components of transparency of public finance management its effectiveness and efficiency.
According to the Budgetary Code of Georgia, transparency is one of the one of the principles of the Budgetary System of the country. Currently, the Parliament, the Government and the Ministry of Finance of Georgia ensure publication of and access to draft law on annual state budget, approved state budget and its execution reports. The public is informed about budget process through various presentations as well as publication of the relevant documents online. However, there is no formal mechanism for managing these processes.
With coordination of the Ministry of Finance of Georgia and based on the recommendation of international and civil society organizations, list of specific actions and the scheme for disseminating information of budgetary processes was elaborated and ensuring civil society involvement in the budgetary process.
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