budgetary transparency
[/bʌdʒɪˈtɛri trænsˈpɛrənsi/]
noun
transparência orçamentária
1. The practice of making government or organizational budget information publicly accessible and understandable to citizens and stakeholders
Budgetary transparency is essential for preventing corruption and building public trust in government institutions.
A transparência orçamentária é essencial para prevenir corrupção e construir confiança pública nas instituições governamentais.
2. Open disclosure of how public funds are allocated, spent, and audited
The municipality improved its budgetary transparency by publishing detailed spending reports online.
O município melhorou sua transparência orçamentária publicando relatórios detalhados de despesas online.
3. Accountability mechanism where budget processes and financial decisions are visible and subject to public scrutiny
Budgetary transparency allows citizens to monitor government spending and hold officials accountable.
A transparência orçamentária permite que os cidadãos monitorem gastos governamentais e responsabilizem os funcionários públicos.
In Brazil, budgetary transparency has become increasingly important since the 1988 Constitution and the implementation of the Lei de Responsabilidade Fiscal (Fiscal Responsibility Law) in 2000. Civil society organizations, media, and anti-corruption initiatives frequently advocate for greater transparência orçamentária. The term is central to good governance discussions and is often associated with combating corruption and strengthening democracy. In the USA, budgetary transparency is a cornerstone of fiscal governance and is reinforced by laws like the Fiscal Accountability and Transparency Act. Public data platforms and open budget initiatives reflect this commitment to transparency.
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