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Open budget initiative 2010: International index of budget transparency
submited on 20.10.2010 in category Regulated markets | Fiscal affairs | Privatisation | Political stability | Monetary policy | Macroeconomic developments

submited on 20.10.2010 in category Regulated markets | Fiscal affairs | Privatisation | Political stability | Monetary policy | Macroeconomic developments

Bulgaria reported small decline in the budget transparency and is still far from the best examples for budget transparency in the world, according to the announced on Oct. 20th Open Budget Initiative 2010.
By one percentage point - from 57% to 56% declined the budget transparency in Bulgaria. Accordingly, Bulgaria is not among the countries, which reported improvement. The newest issue of the index is based on data from mid-2009 and refers mainly to the latest budget procedure of the previous government.
The Open Budget Initiative is the only international independent comparable research of the budget transparency and is prepared by the International Budget Partnership - initiative of CBPP, Washington. The index is available at www.openbudgetindex.org
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