Dhaka, July 28, 2016 – The State Department released the 2016 Fiscal Transparency Report on July 28, 2016 pursuant to Foreign Operations, and Related Programs Appropriations Act, 2016. The report found that 76 of 140 governments reviewed by the Department met minimum requirements of fiscal transparency. Eight governments found not to meet minimum requirements made significant progress toward meeting minimum requirements. The Department continued to update and strengthen the minimum requirements, as required by law.
The Department evaluated the public availability, substantial completeness, and reliability of budget documents, as well as the transparency of processes for awarding government contracts and licenses for natural resource extraction. The report can be found on the Department’s website at http://www.state.gov/e/eb/ifd/oma/fiscaltransparency/
The report describes the minimum requirements of fiscal transparency developed, updated, and strengthened by the Department, reviews 140 governments receiving assistance by the Act that were originally identified as recipients of assistance in the 2014 Fiscal Transparency Report, assesses those that did not meet the minimum fiscal transparency requirements, and indicates whether governments that did not meet those requirements made significant progress toward meeting the requirements during the review period of January 1 – December 31, 2015.
In Bangla (PDF 273 KB)