Posts Tagged ‘budget transparency’
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4 September 2014
China Announces Plans For Local Budget Transparency
China’s State Council Sept. 3 announced plans to improve budget transparency, according to a statement described in a Global Times report and a Dow Jones article. The publication of complete budgets should also be done at the local level, said the State Council, The Dow Jones account said the plan is to eliminate off-budget expenditures, […]
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16 May 2014
President Obama Signs Spending Transparency Bill
President Barack Obama on May 9 signed legislation aimed at standardizing and publishing the federal government’s spending data. The Digital Accountability and Transparency Act, known as the DATA Act (S. 994) would require the Treasury secretary and the director of the Office of Management and Budget to establish government-wide financial data standards. (See previous FreedomInfo.org […]
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11 April 2014
US Senate Passes Bill on Spending Transparency
The US Senate has passed bill intended to make government spending more transparent. The Digital Accountability and Transparency Act (S. 994), passed April 10 by unimous consent, would require the treasury secretary and the director of the Office of Management and Budget to establish government-wide financial data standards as a first step toward more robust […]
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25 January 2013
Budget Transparency Poor, Latest IBP Analysis Finds
The national budgets of 77 of 100 countries assessed by the International Budget Partnership “fail to meet basic standards of budget transparency,” according to a new survey by the U.S-based group. The results “raise serious questions about the prospects for individual countries to overcome poverty and promote economic development and for international efforts like the […]