Mexico’s score of 80 is higher than the average of OECD countries (67), above countries such as the Dominican Republic, Guatemala, Costa Rica, Jamaica and Nicaragua. While it is preceded by Georgia, New Zealand, Sweden, South Africa, and Moldova.
The score of 80 is closer to the 79 that Mexico achieved in 2017, than the 82 achieved in 2019 and 2021, the report highlights. “In order to improve the transparency of the budget, it is recommended to expand the information in the Executive’s budget project on fiscal risk, financial assets and sources of donor assistance,” he highlighted.
Little in budget monitoring
Meanwhile, the country remained in the same position in terms of Budget Monitoring, occupying seat 30, only from the previous edition it advanced from 63 to 65 points out of a total of 100.
The OBS analyzes the role that legislatures and supreme audit institutions (SAIs) play in the budget process and the degree to which they provide oversight. “The legislature and the supreme audit entity in Mexico, together, provide adequate oversight during the budget process and have a composite score of 65 (out of 100),” she detailed.
Among the recommendations in this section, it stands out that the Congress of the Union must debate the budgetary policy before the presentation of the executive budget project and approve recommendations for the next budget.
It also recommends that a legislative committee examine budget implementation during the year and publish reports with its findings online. It must also be guaranteed that an independent body reviews the audit processes, with the objective of strengthening independence and improving audit supervision by the Superior Audit of the Federation.
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