Bulgaria: Finance ministry makes public all state’s expenditures in order to reduce graft

The finance ministry has launched an online platform, ‘Budgetary Transparency’, in which all state institutions’ revenues and expenditures are published. The state-controlled enterprises are not included yet. Prime Minister Dacian Ciolos welcomed the initiative and said that it would contribute significantly to reducing corruption, because of the transparency requests. Finance Minister Anca Dragu called all state’s authorities to make all efforts into publishing their expenditures’ breakdown or the state treasury would not approve their payment. The finance ministry estimates that approximately 13,700 public institutions will have to publish information about how they are spending the public money. The next step of the project will be the publication of reports and aggregate prints, in about two months, followed by the inclusion of the state enterprises into the platform, in about four months, Dragu promised.

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