Global

Open budget survey 2010 reveals possibilities for corrupt spending

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40 countries are able to hide corrupt spending from the public

 Forty of the 94 countries in which access to government budget information was carefully evaluated by the "International Budget Partnership’s (IBP)" "_Open Budget Survey 2010_" were found to provide such minimal information to the public that the country’s governments are able to hide unpopular, wasteful, and corrupt spending.

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International Accounting Standards Board (IASB) seeks feedback on extractive industries discussion paper

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image Chapter 6 of the paper discusses proposals from PWYP to increase transparency by presenting key company financial information on a country-by-country basis, rather than the current practice of aggregating information by region or business activity.

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