Transparency (Open Budget Index) 75/100
The Government of Peru provides the public with substantial budget information.
Public Participation 40/100
The Government of Peru is weak in providing the public with opportunities to engage in the budget process.
By legislature 67/100
Budget oversight by the legislature in Peru is adequate.
By auditor 83/100
Budget oversight by the supreme audit institution in Peru is adequate.
Peru should prioritize the following actions to improve budget transparency:
- Increase the comprehensiveness of the Executive’s Budget Proposal by presenting more information on the administrative and functional classification of expenditures, as well as for all programs for future years, and include a sensitivity analysis on how alternative scenarios of different macroeconomic variables could affect the budget.
- Increase the comprehensiveness of the Year-End Report by presenting more information on planned versus actual expenditures and on planned versus actual debt and interest.
Peru should prioritize the following actions to improve budget participation:
- Establish credible and effective mechanisms (i.e., public hearings, surveys, focus groups) for capturing a range of public perspectives on budget matters.
- Publish reports on public budget hearings.
- Establish formal mechanisms for the public to assist the supreme audit institution to formulate its audit program.
Peru should prioritize the following actions to strengthen budget oversight:
- Establish a specialized budget research office for the legislature.
- Ensure the supreme audit institution has adequate funding to perform its duties, as determined by an independent body (e.g., the legislature or judiciary).