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Vietnam’s budget transparency index rises 9 places

Illustration – Photo: VGP.

According to Survey results budget Opened globally in 2021 (OBS 2021) has just been announced by the International Organization for Budget Cooperation (IBP), Vietnam is upgraded because its budget transparency score continues to improve compared to other evaluation periods. before.

This result shows Vietnam’s efforts in increasing publicity and transparency of the budget. In which, the component scores for the 3 pillars have made many strides, reaching 44/100 points for the “Budget transparency” pillar, 17/100 points for the “Public participation” pillar. “, reaching 80/100 points for the “Budget monitoring” pillar, all pillars increased by 6 points compared to 2019.

Vietnam is currently ranked 68th out of 120 countries, up 9 places compared to 2019 and 23 places compared to 2017. Compared to other countries in the region, Vietnam stands above Cambodia and Myanmar but is still behind many countries such as Cambodia and Myanmar. Indonesia, Philippines, Thailand and Malaysia.

The Open Budget Survey (OBS) is an initiative to promote publicity and transparency of the budget, coordinated by IBP with independent social organizations (in Vietnam, the Center for Development and Integration – CDI). Currently more than 100 countries and territories around the world, the assessment cycle is every two years since 2006.

The financial has participated in OBS assessment since 2015 and so far has participated in 4 surveys in 2015, 2017, 2019 and 2021. After each survey, Vietnam’s OBS score has improved significantly.

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