Economic Research | Lebanon This Week | Lebanon This Week 632 | Lebanon ranks 108th globally, seventh in Arab world in budget transparency | Lebanon | Byblos Bank

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Lebanon This Week 632

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Lebanon ranks 108th globally, seventh in Arab world in budget transparency

The International Budget Partnership's Open Budget Index for 2019 ranked Lebanon in 108th place among 117 countries globally and in seventh place among 13 Arab countries included in the survey. Lebanon ranked in 104th place among 115 countries globally and in eighth place among 13 Arab countries in the 2017 survey. It also came in 33rd place among 36 upper middle-income countries (UMICs) included in the current survey. 
 
The Open Budget Index score reflects the timeliness and comprehensiveness of publicly-available budget information in eight key budget documents that countries should make available to the public. The documents are the Pre-Budget Statement, the Executive's Budget Proposal, the Enacted Budget, the Citizens Budget, In-Year Reports, a Mid-Year Review, a Year-End Report and an Audit Report. 

Globally, Lebanon's level of budget transparency is higher than the budget transparency of Equatorial Guinea, the Gambia, Somalia, Algeria, Sudan, Qatar, Comoros, Venezuela and Yemen. Lebanon's level of budget transparency reached 6% in the 2019 survey compared to 3% in the 2017 survey, 2% in 2015 and 33% in the 2012 survey. Lebanon's score places it in the category of governments that provide 'scant or no' budgetary information, along with 19 countries worldwide that include eight Arab countries. Lebanon's level of budget transparency came below the global average of 44.6%, the UMICs' average of 48.4%, and the Arab region's average of 17.1%. 
 
The survey indicated that the availability of budget information in Lebanon regressed between the 2012 and 2019 surveys. It said that the government failed to issue the Executive's Budget Proposal to the public, and to publish the Enacted Budget and the In-Year reports in a timely manner. It added that the government did not produce the Pre-Budget Statement, the Mid-Year Review and the Audit Report. But it noted that the government has published the Citizens Budget online starting with the 2018 budget.  
 
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