The Open Budget Survey 2008

The Open Budget Survey 2008 finds that, overall, the state of budget transparency around the world is deplorable. In most of the countries surveyed the public does not have access to the comprehensive and timely information needed to participate meaningfully in the budget process and to hold government to account. This lack of transparency encourages inappropriate, wasteful, and corrupt spending and—because it shuts the public out of decision making—reduces the legitimacy and impact of anti-poverty initiatives.

Although the overall performance paints a bleak picture, there are a number of countries in the Survey that have significantly improved their budget transparency performance over the past two years. The Survey also finds that many more governments could quickly improve budget transparency at low cost by making publicly available the budget information that they already produce for donors or internal use.

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The 2009 Corruption Perceptions Index (CPI)

The 2009 Corruption Perceptions Index (CPI) demonstrates that corruption remains a serious challenge for the entire region. All of the countries included register scores below 5 (out of 10) indicating that they face serious perceived levels of domestic, public-sector corruption.

In South Eastern Europe, the importance of prospective European Union membership cannot be overestimated as the main driver to spur anti-corruption efforts. The freeze in 2008 of considerable amounts of EU funds previously allocated to Bulgaria, due to a lack of progress in anti-corruption and judicial reform, seems to have strengthened the European Commission position in its demands for reform. It is no coincidence that the tone of the EU progress reports on accession candidates issued in October 2009, reflect to a large extent, the 2009 CPI ranking.

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Kyrgyz Republic: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Kyrgyz Republic

In the context of the sixth review under the three-year arrangement under the Poverty Reduction and Growth Facility with the Kyrgyz Republic, the following documents have been released and are included in this package:
-The staff report for Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, prepared by a staff team of the IMF, following discussions that ended on March 5, 2008, with the officials of the Kyrgyz Republic on economic developments and policies. Based on information available at the time of these discussions, the staff report was completed on May 6, 2008. The views expressed in the staff report are those of the staff team and do not necessarily reflect the views of the Executive Board of the IMF.
-A Press Release summarizing the views of the Executive Board as expressed during its May 21, 2008 discussion of the staff report that completed the review.
-A statement by the Executive Director for the Kyrgyz Republic.

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