Hungary’s budgetary process is awful, according to a study released this week by the International Budget Partnership. The organization measures budget transparency, public participation in the budgetary process and budget oversight, and makes recommendations on improving transparency and participation in the budgetary process.
The 2015 Open Budget Survey is the first such survey in which Hungary — and Sudan — have been included. The findings related to Hungary and Sudan were so awful they actually “brought the average score [which includes the results for all countries] down from 46 to 45 (or, more precisely, from 45.7 to 45.4)”.
Hungary scored 49 out of a possible 100 on “Transparency”, 31 on “Public Participation”, 58 on “Oversight by Legislature” and 83 on “Oversight by Supreme Audit Institution”.
Hungary’s overall ranking in The Open Budget Index 2015 puts it between Ecuador and Kenya — making Hungary the absolute worst performing EU Member State in the latest index.
Hungary’s Ministry of National Economy isn’t happy with the report
The Ministry of National Economy released a statement Wednesday criticizing the International Budget Partnership’s findings on Hungary.
The ministry “rejects” the study’s “subjective” findings.
According to the ministry, Hungary’s budgetary process takes place in complete accordance with the country’s laws.
That might just be the problem…