Cabinet of Ministers adopts Concept for information and analytical system «Transparent Budget» to implement next stage of web portal «E-Data»

On February 11, the Cabinet of Ministers adopted the set-up concept of the integrated information and analytical system «Transparent Budget» to implement the next stage of the web portal «E-Data» http://spending.gov.ua/. The implementation of the system «Transparent Budget» will make it possible to automate the budget process, to analyze the dynamics and to control the execution of the state budget and the local budgets.

One of the key objectives of «Transparent Budget» is to automate the budget process and to remove corruption from it. The information and analytical system «Transparent Budget» shall secure the permanent transparency of the budget processes and procedures at the central and local level as well as enable citizens to control the use of public funds by managing entities, recipients of public funds and state-owned companies as well as by the Pension Fund and the Social Insurance Fund.

The system «Transparent Budget» is the element of the transparent government of Ukraine. It corresponds to the demand of the civil society for transparency in the use of public funds and complies with the recommendations of the World Bank, International Monetary Fund and International Budgetary Partnership in regard to the international transparency guidelines like Open Budget, Open Spending, Open Contracting and Citizen Participation.

Thus, the Concept will contribute to the creation of a system which shall grant citizens access to information on public funds at all stages of planning and spending. The implementation of the Concept should also contribute to the improvement of the country’s attractiveness for investors due to the open government policy. It should also reduce space for violations and corruption at all stages of the budget process.

The open part of the system «Transparent Budget» («Budget for Citizens») is planned to be launched in the test mode in August 2016, its integration into «E-Data» is due to be finalized in 2018.

The set-up concept of the integrated information and analytical system «Transparent Budget» was unanimously adopted by the Civil Council at the Ministry of Finance at its meeting in December 2015.