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Thailands Score in Open Budget Index Higher Than Global Average

16 February 2018 (Readers 606)

The Open Budget Survey 2017 shows that Thailands score of 56 out of 100 is substantially higher than the global average score of 42. Since 2015, Thailand has increased the availability of budget information, thus raising its score.
The survey was conducted by the International Budget Partnership, which is located in the United States. It collaborates with civil society organizations around the world to use budget analysis and advocacy as a tool to improve effective governance and reduce poverty.
Launched in 2006, the Open Budget Survey is the worlds only independent, comparative assessment of the three pillars of public budget accountability: transparency, oversight, and public participation. The sixth round of this biennial assessment, the 2017 survey evaluated 115 countries across six continents.
 In the survey, the score for Thailand rose from 36 in 2012 to 42 in 2015 and 56 in 2017. Over the past year, Thailands Bureau of the Budget has prepared more complete budget documents and publicized them online through its website
With the online information, interested persons are able to see the overall picture of the annual national budget allocation and budget information for each province, especially local administrative organizations. In particular, the column "Peoples Watch publicizes information on what people will get from national expenditure.
Moreover, the Ministry of Digital Economy and Society, on its website, also provides the report "Where Does the Tax Money Go? This report shows the effectiveness of budget spending, in accordance with information released by the Bureau of the Budget and the Comptroller Generals Department.
The improvement in the Open Budget Index ranking for Thailand reflects transparency in the process of the countrys national budget preparation. This ranking is expected to help increase Thailands score in the Corruption Perception Index, assessed by Transparency International.
It is also expected that Thailands World Competitiveness Ranking, rated by the International Institute for Management Development (IMD), will also become higher in the following years.
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