Fiji Time: 9:58 AM on Saturday 20 December

Fiji Times Logo

/ Front page / Business

77 countries fail to meet basic standards

Geraldine Panapasa
Saturday, February 02, 2013

FIJI was not alone in its poor performance on budget transparency in the recently released global Open Budget Survey 2012 by International Budget Partnerships (IBP).

Of the 100 countries assessed on whether the central government made eight key budget documents available to the public, 77 countries failed to meet basic standards of transparency.

"The impact of open and accountable public finance on development within countries is particularly important as the international community begins to think about the next set of Millennium Development Goals," said the Foundation of the Peoples of the South Pacific International in a statement.

IBP director Warren Krafchik said budget decisions and processes were critical to addressing many of the world's pressing problems.

He said the success of efforts to reduce maternal mortality, eliminate persistent poverty and provide children with high-quality education hinged on whether countries made the right budget choices and whether those decisions were implemented effectively.

"This is more than an abstract governance issue; it's about the quality of life for millions of people around the world," he said in a statement.

"The Open Budget Survey uses internationally recognised criteria to give each country a transparency score on a 100-point scale called the Open Budget Index.

"Higher scorers for the 2012 edition include New Zealand, South Africa, the United Kingdom, Norway, Brazil and South Korea while some of the worst performers include Iraq, Chad, Saudi Arabia and Myanmar."





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Arfa's last game
  2. Fuel drop
  3. Performance to be monitored
  4. $530k bonus payout
  5. More rain as police issue stern warning
  6. Proud achievement for duo
  7. Huge relief for mother of two
  8. Man down, Fiji wins
  9. Liverpool seeking Arsenal's consistency
  10. Town plans anniversary

Top Stories this Week

  1. TV pair sent home Wednesday (17 Dec)
  2. My boy, my hero Monday (15 Dec)
  3. Justice and sleep at last Thursday (18 Dec)
  4. She's gone but the pain stays Tuesday (16 Dec)
  5. TERROR ALERT Gunmen strike Sydney cafe Tuesday (16 Dec)
  6. Clan leader calls for harsher penalties Wednesday (17 Dec)
  7. Five-try Fiji forge Plate final berth Monday (15 Dec)
  8. Court told of baby's tragic end Thursday (18 Dec)
  9. 441 new positions Wednesday (17 Dec)
  10. A-G: Claim ludicrous Friday (19 Dec)