What does an open budget index measure?
submitted by Mpho

Soloman

It's the result of a survey that's run by the International Budget Partnership. They're a nonprofit that measures how transparent a country's budget is.

Specifically, it assesses how openly governments publish budget data, including detailed financial reports, to allow public scrutiny and accountability. Essentially, it evaluates the extent to which budget information is available to the public and how accessible that information is. Their hope is to promote good governance and fiscal responsibility.

Danny

The open budget survey is like a scorecard that shows how much a government shares its budget info with the public. If the government is transparent, the index will be high because they publish lots of details about how they spend money. It helps people see if the government is being open with their finances.

Schmedrious

It measures the level of government transparency regarding budget information. They checks if budget data is publicly available and easy to understand.
It's just a basic rating to compare how different countries share financial details with citizens. Ultimately it doesn't dictate any policy. It's just used as a reference for political analysts and such.