Disclosing Gov’t Expenses Helps Boost Public Supervision in China

Xinhua reports on the ’s on-going efforts to implement public fiscal :

China started asking government departments at the central level to publicize their budgets beginning in . Last year, 75 out of 98 government agencies at the central level released their budgets to the public.

The State Council meeting held on Wednesday suggested that all 98 and government departments at the central level make their financial budgets public this year after the documents are approved by the National ’s Congress.

“The openness of financial budgets still falls short of people’s expectations as some departments lag behind in making their budgets public and some information released is not detailed enough,” read a statement released after a regular meeting of the State Council.

Meanwhile, the State Council vowed to increase efforts in pushing local governments to release their budget records.

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