Prepared by Eurasia Extractive Industries Knowledge Hub Expert Group
This Report reflects the work carried out in accordance with the Financial Transparencycomponent of the Empowering Civil Society Organizations for Transparency(ECSOFT) from 15 January to 10 March 2021. The aim of the component was toinvestigate the implementation status of the measures for Financial Transparency in theNational Action Plans (NAPs) for 2016-2018 and 2020-2022 to promote Open Governmentand develop relevant recommendations. The following work has been carried out on each
measure for financial transparency of NAPs (19 measures in total) during the above-mentioned two periods:
Identifying the implementation status of the activities reflected in Section 5 of the2016 - 2018 OGP NAP and Section 2 of the 2020 - 2022 OGP NAP and which arerelated to Financial Transparency. At the same time, we consider theINDICATOR mentioned in the NAP for that activity as an indicator ofperformance; Identifying the international requirements; Identifying successful practices; Preparing a package of recommendations.The mentioned 19 events cover the following areas:a) Transparency and accountability to the State Budget;b) Government debt (including bonds);c) Public procurement;d) State enterprises;e) Statements of the Chamber of Accounts;f) Civil society participation.The analysis revealed that the activities envisaged in the National Action Plan for 2020-2022 on Financial Transparency are being implemented in 7 out of 12 expected areas,partially implemented in two areas, delayed implementation of work in 2 areas, and notbeing executed in 1 area.The implementation analysis of the National Action Plan for 2016-2018 revealed that outof 7 areas of activity, 2 were implemented, 1 was not implemented, and 4 were partiallyimplemented.Thus, the final action plan (2020-2022) is being implemented more fully, and the overallstatus of implementation is creditable. However, it would be appropriate to increaseimplementation efforts to raise financial transparency according to internationalstandards , and there are certain opportunities to do so. A number of recommendationsare also provided in the Report for making use of these opportunities.
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