Every year, governments collect and spend billions of taxpayer funds to pay for services such as education and healthcare. Citizens have a right to know how their governments are collecting and where they are spending their money.
Openness across the budget and fiscal cycle – through transparency, public participation, and legislative oversight – allows citizens to hold their government accountable and reduce waste. Over time, this can ensure that government spending reflects the people’s interests and needs.
Fiscal openness has been one of the mainstays of the open government movement. Moving forward, improving public participation and accountability – areas with the most potential for results – will be the new frontier. This is especially important for monitoring the use of emergency and recovery pandemic funds.
OGP works with partners to promote innovation in open budgets, scale commitments on citizen participation and make fiscal openness the global norm.