[vc_section][vc_row equal_height=”yes” content_placement=”top”][vc_column][vc_row_inner equal_height=”yes” content_placement=”top”][vc_column_inner width=”1/3″][vc_column_text el_class=”country-summary-score”]

Transparency

73

out of 100
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Public Participation

22

out of 100
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Budget Oversight

80

out of 100
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[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]IBP considers countries that score above 60 on the Open Budget Index as providing sufficient budget information to enable the public to engage in budget discussions in an informed manner. IBP considers countries scoring above 60 on participation and oversight as providing adequate opportunities for the public to participate in the budget process and providing adequate oversight practices, respectively.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”white” border_width=”10″][/vc_column][/vc_row][/vc_section][vc_section el_id=”transparency”][vc_row equal_height=”yes” content_placement=”top”][vc_column][vc_column_text]

Transparency (Open Budget Index)

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73

out of 100

[/vc_column_text][/vc_column][vc_column width=”5/6″][vc_column_text]Peru provides the public with substantial budget information.
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Recommendations for Improving Transparency

Peru should prioritize the following actions to improve budget transparency:

  • Increase the information provided in the Executive’s Budget Proposal by providing more information on performance and policy and more data on the financial position of the government, such as information on expenditure arrears.
  • Increase the information provided in the Year-End Report, including more information on the comparisons between planned nonfinancial outcomes and actual outcomes, and more information on the comparisons between the original level of funds for policies impacting the most impoverished and actual amounts.
  • Increase the information provided in the Audit Report, including information on actions taken by the executive to address audit recommendations.

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Public Participation

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22

out of 100

[/vc_column_text][/vc_column][vc_column width=”5/6″][vc_column_text]Peru provides few opportunities for the public to engage in the budget process.[/vc_column_text][/vc_column][/vc_row][vc_row equal_height=”yes” content_placement=”top”][vc_column width=”1/2″ el_class=”country-summary”][vc_progress_bar values=”%5B%7B%22label%22%3A%22Global%20Average%22%2C%22value%22%3A%2212%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%23d2d2d2%22%7D%2C%7B%22label%22%3A%22Brazil%22%2C%22value%22%3A%2235%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%230087d1%22%7D%2C%7B%22label%22%3A%22Peru%22%2C%22value%22%3A%2222%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%23ff7a22%22%7D%2C%7B%22label%22%3A%22Colombia%22%2C%22value%22%3A%2215%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%230087d1%22%7D%2C%7B%22label%22%3A%22Argentina%22%2C%22value%22%3A%2213%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%230087d1%22%7D%2C%7B%22label%22%3A%22Bolivia%22%2C%22value%22%3A%2213%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%230087d1%22%7D%2C%7B%22label%22%3A%22Chile%22%2C%22value%22%3A%2211%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%230087d1%22%7D%2C%7B%22label%22%3A%22Paraguay%22%2C%22value%22%3A%2211%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%230087d1%22%7D%2C%7B%22label%22%3A%22Venezuela%22%2C%22value%22%3A%227%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%230087d1%22%7D%2C%7B%22label%22%3A%22Ecuador%22%2C%22value%22%3A%226%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%230087d1%22%7D%5D” bgcolor=”custom” title=”How Does Public Participation Compare to Other Countries in the Region?” units=”/100″ el_class=”country-summary” custombgcolor=”#ffffff” customtxtcolor=”#333333″][/vc_column][vc_column width=”1/2″][vc_column_text]

Recommendations for Improving Participation

Peru should prioritize the following actions to improve public participation in its budget process:

  • Pilot mechanisms for members of the public and executive branch officials to exchange views on national budget matters during both the formulation of the national budget and the monitoring of its implementation. These mechanisms could build on innovations, such as participatory budgeting and social audits. For examples of such mechanisms, see fiscaltransparency.net/mechanisms.
  • Establish formal mechanisms for the public to assist the supreme audit institution in formulating its audit program.

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Budget Oversight (by Legislature & Audit)

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80

out of 100

[/vc_column_text][/vc_column][vc_column width=”5/6″][vc_column_text]The legislature and supreme audit institution in Peru provide adequate oversight of the budget.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_progress_bar values=”%5B%7B%22label%22%3A%22Formulation%2FApproval%22%2C%22value%22%3A%2262%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%23d2d2d2%22%7D%2C%7B%22label%22%3A%22Execution%2FAudit%22%2C%22value%22%3A%22100%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%23d2d2d2%22%7D%5D” bgcolor=”custom” title=”To What Extent Does the Legislature Provide Budget Oversight?” units=”/100″ el_class=”country-summary” custombgcolor=”#ffffff” customtxtcolor=”#333333″][vc_column_text]The legislature provides adequate oversight during the budget cycle. This score reflects that the legislature provides adequate oversight during the planning stage of the budget cycle and adequate oversight during the implementation stage of the budget cycle.[/vc_column_text][/vc_column][/vc_row][vc_row equal_height=”yes” content_placement=”top”][vc_column][vc_progress_bar values=”%5B%7B%22label%22%3A%22Adequate%22%2C%22value%22%3A%2283%22%2C%22color%22%3A%22custom%22%2C%22customcolor%22%3A%22%23d2d2d2%22%7D%5D” bgcolor=”custom” title=”To What Extent Does the Supreme Audit Institution Provide Budget Oversight?” units=”/100″ el_class=”country-summary” custombgcolor=”#ffffff” customtxtcolor=”#333333″][vc_column_text]

The supreme audit institution provides adequate budget oversight.

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Recommendations for Improving Oversight

Peru should prioritize the following actions to make budget oversight more effective:

  • Ensure the legislature holds a debate on budget policy prior to the tabling of the Executive’s Budget Proposal and approves recommendations for the upcoming budget.
  • Ensure the supreme audit institution has adequate funding to perform its duties, as determined by an independent body (e.g., the legislature or judiciary).
  • Publish the reports of the independent fiscal institution on cost estimates of new policy proposals online.

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Learn More

The information on this page presents a partial country summary. For more detailed information, please download:

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