PH leads in budget participation

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In her speech during the presentation of survey results on Thursday at the De La Salle UniversityManila, Department of Budget and Management (DBM) Secretary Amenah Pangandaman expressed enthusiasm over the country’s performance in the survey while stressing the importance of open government and its advantages to the society.

“In all previous budget engagements, in all the reforms the DBM has initiated and in all fiscal policies formulated, we have always underscored the importance of having an open budget system — one that is transparent, fosters public participation and has adequate budget oversight from the legislative and audit institutions,” Pangandaman said.

In the 2021 OBS report, the Philippines scored 35 points out of 100 in terms of the formal opportunities offered to the public for meaningful participation in the different stages of the budget process. This is significantly higher than the global average of 14 points.

Meanwhile, garnering a score of 68 points out of 100, the country ranked 19th out of 120 countries on the Transparency indicator which measures public access to information on how the central government raises and spends public resources.

Among the key budget documents made available to the public by the Department of Budget and Management (DBM), the People’s Budget — a simpler and less technical version of the government’s proposed and enacted budget designed to convey key information to the public — got the highest score of 92.

The Philippines also topped the Budget Oversight indicator by securing 74 points. The said indicator looks into the role that legislatures and supreme audit institutions play in the budget process and the extent to which they provide oversight.

Pangandaman affirmed the current administration’s efforts to continue, and even improve the programs and initiatives of government to promote transparency, as well as open and participatory government.

“We hope to fast-track our initiatives to digitize government processes and transactions through the implementation of the Integrated Financial Management Information System, as well as the enactment of the Progressive Budgeting for Better and Modernized Governance Bill or the PBBM Bill, which shall institutionalize the Cash Budgeting System,” the DBM chief said.

For his part, DBM Assistant Secretary Rolando Toledo echoed Pangandaman’s commitment and laid out vital projects of the DBM that aim to promote transparency, accountability and good governance.

“Through her leadership, the DBM is championing for budget transparency through government digitalization including institutionalization of budget reforms and digitalization of our public financial management,” said Toledo.

“The Budget chief underscored that by investing in digital infrastructure, the government can improve its revenue collection which will ultimately promote efficiency, transparency and accountability in the use of public funds,” he added.