Is Budgetary Transparency a Caprice or a Necessity?

Publishing date: Thursday, 19 July 2012
Views: 5224

Economic Commentary, no. 139

The evaluation conducted in 2012 by the Expert-Grup using an international methodology shows that the level of budgetary transparency in Moldova can be assessed with 60 points of 100 possible, which is a level comparable to that of Romania, Ukraine and Russian Federation. With this score, Moldova borders two categories of countries, those ‘disclosing little information’ and those ‘disclosing significant information’. As a benchmark, in 2010 the South Africa registered the highest score in the world, 92 points. Moldova needs to achieve higher budgetary transparency scores, which are necessary, inter alia, to cure the Moldovan citizens from too paternalistic expectations regarding the state.

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