Open Budget Survey ranks Slovakia 28th out of 94 countries.

By bne IntelliNews October 29, 2010
Slovakia ranked 28th out of 94 countries in the Open Budget Survey. The country scored 57 out of 100 points in the Open Budget Index (OBI), thus ranking worse than most of its neighbours. Slovakia's score indicates that the government does not provide full information on the central government's budget and the financial activities assessed by the initiative thus preventing citizens from surveying the management of public money. Among the shortcomings found by the survey are the lack of information on the relationship between government revenue and expenditure plans and the macroeconomic goals and policies, the lack of non-technical report on the projected budget that would enable the broader public to understand the government plans and also insufficient information about the reasons behind the expenditure adjustment in the mid-year report on the budget. Slovakia is recommended to start publishing an audit report, which evaluates whether the government has raised revenues and spent national revenue in line with the authorized budget and whether there were problems in the management of public funds. The limited opportunities for the public to testify at legislative hearings on the budget are also highlighted. The aim of the Open Budget Survey is to measure budget transparency and accountability around the world. It is produced biannually by the International Budget Partnership. The Center for Economic and Social Analyses MESA10 is the partner organization in Slovakia.

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