Budget Transparency

Budget Transparency

EG Justice & International Budget Partnership October 17, 2010
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Equatorial Guinea has made no substantive progress on budget transparency since 2008, the first year the country was included in the Index. In 2010, Equatorial Guinea matched its 2008 score of zero (out of 100) in the Index, while the global average score was 42.

Key Findings (Source: Open Budget Index 2010)

"The scores for 92 questions from the Open Budget Survey are used to compile objective scores and rankings of the relative transparency of each country's budget process. These scores constitute the Open Budget Index.

Equatorial Guinea's OBI score is 0 out of 100, which shows that the government does not provide the public with information on central government's budget and financial activities during the course of the budget year. This makes it virtually impossible for citizens to hold the government accountable for its management of the public's money. Worldwide, countries scored an average of 42 on the OBI; Ghana's score is 54 and Liberia's is 40.

Equatorial Guinea's OBI score in 2008 was also zero..."

Click here to read the Full Summary on Equatorial Guinea

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