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80 Percent of Governments Don’t Account for Spending

“The Open Budget Initiative is a global research and advocacy program to promote public access to budget information and the adoption of accountable budget systems.”

“Eighty percent of the world’s governments fail to provide adequate information for the public to hold them accountable for managing their money, according to the Open Budget Index 2008. Nearly 50 percent of 85 countries whose access to budget information was carefully evaluated by the International Budget Partnership provide such minimal information that they are able to hide unpopular, wasteful, and corrupt spending.”

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