
He said the government wants to improve accessibility, equality, transparency and efficiency of the budget disbursment.
He listed the four aspects involved in the making of the fiscal year 2015 budget as following:
1) Each project has been clearly defined since the drafting of the Annual Expenditure Budget Act for fiscal year 2015. Details of projects by local administrations were also included – this has never been done before. This change was meant to induce greater transparency and accountability, and better use of budget in each locality.
2) The disbursement target, at 92%, has been set higher than in all previous years to stimulate rapid disbursement by all sectors. As much as 42.55% of the budget has already been disbursed at the end of February, 2015. The disbursement target of 55% by the end of quarter 2 is expected to be reached.
3) Provincial-level committees, chaired by the provincial governor, have been set up to quickly approve budgets for each locality and to inspect and take responsibility for disbursements to various projects.
4) There exist measures to generate local employment and aid farmers, which lends to the direct flow of budget into the hands of people within each locale.
As for the various delays in disbursement, the Interior Ministry, the Comptroller General’s Department, the Bureau of the Budget and all relevant agencies have been told to lessen the time associated with each disbursement and project approval, albeit not at the cost of transparency. Provincial governors have been tasked with expediting and monitoring the said affairs.
The Nation