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Mannan for increasing involvement of stakeholders in budget formation process

Serbia at the bottom of the ranking on transparency of anti-crisis measures

Serbia at the bottom of the ranking on transparency of anti-crisis measures 25/05/2021 Serbia is among the countries that have not adopted packages of urgent economic and fiscal measures related to the COVID-19 pandemic in a sufficiently transparent manner, the results of the Washington-based International Budget Partnership (IBP) survey have shown – Transparency Serbia says. None of the 120 countries observed, according to the standards of the IBP methodology, showed ‘essential transparency’ in the adoption and implementation of pandemic measures, and only four countries were adequately open to the budget process (Australia, Norway, Peru and the Philippines); 29 countries had some elements of openness, while 56 countries, including Serbia, showed ‘limited transparency’. As many as 31 countries had ‘minimal openness’ in their budgetary response to the pandemic.

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