In 2012, Russia was among the ten countries with the most transparent budget

Russia in 2012 was among the ten countries with the most "open" and transparent budget, according to the study International Budget Partnership.

Russia ranked 10th out of 100 in the ranking of budget transparency, receiving 74 points. In 2010, the Russian budget transparency index was 60 points.

The three leaders are New Zealand (93 points), South Africa (90 points) and the UK (88 points). Russia also bypassed Sweden, Norway, France, the U.S., South Korea and Chehiya.Gvineya, Myanmar and Qatar took the last three places rankings, getting 0 points for budget transparency.

In the 2012 report, "Review of the Open Budget" contains a new sector — public participation in the preparation and review of the budget. This sector represents the six principles, including public participation in the budget process.

According to the study, the majority of countries now provide a small number of opportunities for public participation in the budget process. Among the 100 countries surveyed in 2012, the average score for this indicator was only 19 out of 100. The first place in this category was South Korea with 92 points. Eight countries did not provide any opportunity for public participation in the budget process, the study said.

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