Author Topic: PI 10 Public access to key fiscal information  (Read 348 times)

STONE

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PI 10 Public access to key fiscal information
« on: November 27, 2011, 16:44:03 GMT »
PEFA PI 10 is about transparency. “Transparency will depend on whether information on fiscal plans, positions and performance of the government is easily accessible to the general public or at least the relevant interest groups.”

For an A score at least 5 of the following 6 essential elements of information must be available to the public in the manner and time described.

(i) Annual budget documentation: A complete set of documents can be obtained by the public through appropriate means when it is submitted to the legislature.
(ii) In-year budget execution reports: The reports are routinely made available to the public through appropriate means within one month of their completion.
(iii) Year-end financial statements: The statements are made available to the public through appropriate means within six months of completed audit.
(iv) External audit reports: All reports on central government consolidated operations are made available to the public through appropriate means within six months of completed audit.
(v) Contract awards: Award of all contracts with value above approx. USD 100,000 equiv. are published at least quarterly through appropriate means.
(vi) Resources available to primary service units: Information is publicized through appropriate means at least annually, or available upon request, for primary service units with national coverage in at least two sectors (such as elementary schools or primary health clinics).

As every one wants an A but usually at least effort: which one is the least important?

I would guess that if the number of disappointed readers's complaints were to be a criterion then having to wait no more than a month to read an in year execution report would lead to the fewest complaints.







 

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