US Finds Fiscal Transparency Lacking Across Much of Middle East
5 Articles
5 Articles
US finds fiscal transparency lacking across much of Middle East
Fiscal transparency remains lacking across much of the Middle East, according to the U.S. State Department’s annual report, which was released on Tuesday.The congressionally mandated report evaluates whether governments publicly disclose key information about their budgets, revenues, debt, audits and procurement. The State Department describes fiscal transparency as essential to market confidence and economic growth and says the report is “a too…
The U.S. Department of State announced that Mauritania meets its minimum financial transparency requirements in an assessment that is an indicator of the level of availability of information on public finance and budget to citizens and stakeholders. Financial transparency is particularly important in promoting trust and accountability, allowing citizens to see how government revenues, taxes, and expenditures are managed, and providing observers …
Nigerian Govt Lacks Fiscal Honesty, Fails to Properly disclose revenues, expenditures – US
The United States Government has criticized Nigeria’s handling of fiscal transparency, stating that the country’s budget documents fail to adequately disclose revenues and expenditures or provide detailed breakdowns for executive offices.This was contained in the US Department of State’s 2026 Fiscal Transparency Report, released on Tuesday.According to the report, while Nigeria made some fiscal documents publicly available, they did not present …
US State Department: Afghanistan fails to meet minimum fiscal transparency standards
The U.S. Department of State says Afghanistan’s ministries and other public-sector institutions failed to meet any of the minimum requirements for fiscal transparency during the review period. In its 2026 Fiscal Transparency Report, released Tuesday, the State Department said no Afghan entity had published an executive budget proposal or an end-of-year report within a reasonable timeframe. The report said that in the absence of a publicly availa…
Tanzania fails to meet U.S 2026 fiscal transparency standard
Tanzania is among Sixty-seven of the 139 governments and one entity assessed by the US State Department that failed to meet minimum fiscal transparency requirements in its 2026 review, although 14 of them made significant progress towards meeting the standards. The findings were published in the department’s 2026 Fiscal Transparency Report, an annual assessment mandated by Congress to examine how governments manage and disclose public finances, …
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