Limitation in open budget indexVietnam is ranked under the global average in the open budget index, especially in terms of public participation. Vietnam is ranked under the global average in the open budget index, especially in terms of public participation. — Photo saigontimes.vnThat’s according to the report of Open Budget Survey composed and published by International Budget Partnership (IBP) on Thursday. Vietnam’s budget transparency (Open Budget Index - OBI) scored 15 out of 100 in terms of transparency, dropping three points compared to the previous survey in 2015. According to Huong, the 2015 Law of State Budget has several provisions aiming to accelerate the budget transparency.

Source: VietNamNet News March 30, 2018 05:15 UTC