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Viet Nam ranks 68th in Open Budget Survey 2021

VGP – Viet Nam jumps nine places to rank 68th out of 120 countries in the Open Budget Survey (OBS) 2021 released Wednesday by the International Budget Partnership, according to the Ministry of Finance.

Posts Kim Anh

June 10, 2022 10:29 AM GMT+7
Viet Nam ranks 68th in Open Budget Survey 2021 - Ảnh 1.

The facade of the headquarters of the Ministry of Finance

The Southeast Asian country was placed 77th and 91st in 2019 and 2017, respectively.

The Open Budget Survey gives Viet Nam a transparency score of 44 out of 100, slightly lower than the global average of 45.

Specifically, Viet Nam scored 78 out of 100 in enacted budget, 92 in citizens budget, 67 in audit report, 33 in pre-budget statement and 35 in executive's budget proposal.

The OBS is the world's independent, comparative and fact-based research instrument that uses internationally accepted criteria to assess public access to central government budget information; formal opportunities for the public to participate in the national budget process; and the role of budget oversight institutions, such as legislatures and national audit offices, in the budget process./.