Saturday, September 12, 2026

Open Budget Survey finds countries are not transparent enough on debt and social spending

Amid historic levels of crippling global debt, the Open Budget Survey finds that countries are not sufficiently transparent and accountable about how they are managing their debt or spending on important social sectors, like health, sanitation and other services.

“Despite modest gains in this latest Open Budget Survey round, governments are not providing enough information and opportunities for engagement on how they are managing debt and executing budgets in later stages of the budget process. These are two key areas that impact whether governments can effectively deliver reliable, quality healthcare, sanitation, and other public services,” said Austin Ndiokwelu, Director of Policy and Global Advocacy at the International Budget Partnership.

This latest round of the survey found a modest one-point increase in global budget transparency scores compared to the previous round. Nevertheless, regional trends show two stories—one of sustained progress and one of downward peril. (Press Release)

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

የ2019 አዲስ ዓመት ገበያ ቅኝት፡ ከፍተኛ ጭማሪ ታይቶበታል

በዕንቁጣጣሽ በዓል ዋዜማ የአዲስ አበባ ገበያዎች ከወትሮው የተለየ ከፍተኛ...

Ethiopia overhauls 1990s construction guidelines to curb chronic delays

Ethiopia’s rapidly expanding construction sector has long grappled with...

Orbix targets 500,000 EV for national platform integration

Ethiopian Mobility and smart-infrastructure startup Orbix Technologies has officially...

Dangote group outlines Ethiopian expansion plans in historic multi-trillion Naira IPO launch

By our staff reporter Dangote Industries Limited has officially commenced...

U.S. DFC targets SME investment for Bishoftu International Airport

The United States and Ethiopia are deepening their commercial...

Technical skills not enough: African PFM reforms put leadership at centre stage

Public-sector reform across Africa is rarely held back by...

KEFI suspends Tulu Kapi work until secure environment restored after fatal incident

London-listed mining company Kefi Gold and Copper has immediately...
spot_img

Related Articles

Popular Categories

spot_imgspot_img