The Philippines is one of four countries that topped a global scorecard on the level of accountability in its early coronavirus disease 2019 (COVID-19) fiscal policy responses, according to a report shared by the Department of Budget and Management (DBM) yesterday.
A rapid assessment survey conducted by the International Budget Partnership (IBP), covering the period of March to September 2020, showed that the Philippines, Australia, Norway and Peru had an “adequate” level of accountability on its COVID-related fiscal measures.
The report covered a total of 120 countries and used a set of 26 new indicators developed by international bodies to examine transparency, public participation and oversight of emergency fiscal policy packages introduced by governments in response to the COVID-19 pandemic. The survey was answered by both civil society groups and central governments.
The survey showed that 29 of the countries had “some” level of accountability, 55 had “limited” while “32” only had minimal.
The DBM said that in particular, the Philippines was assessed based on its transparency measures, extent of public engagement and oversight powers over its fiscal measures, as implemented under the Republic Act No. 11469 or the Bayanihan to Heal as One Act. The measures evaluated include direct fiscal support, tax relief measures as well as credit and liquidity support.
“The country’s practices of publishing and submitting weekly reports to the congress and the conduct of public consultations on COVID-19 response policies and programs through the ‘Dagyaw 2020: Open Government Virtual Town Hall Meetings’, among others, were lauded by the IBP,” the DBM said.
In addition to this, the DBM said the assessment found that the survey results were strongly correlated with scores on the 2019 Open Budget Survey, suggesting that countries with stronger accountability systems during normal times tend to have stronger accountability during times of crisis as well.
“Hence, it may be recalled that the Philippines improved its Open Budget Index score by nine points from 67 in 2017 to 76 to 2019 during the 2019 Open Budget Survey, making the Philippines the most fiscally transparent country in Southeast Asia while ranking 10th place worldwide,” the DBM said.
“This reflects the country’s continuing commitment to ensure transparency and accountability in governmental processes even amidst the health crisis,” it added.
The budget agency welcomed the results of the IBP’s rapid assessment survey, saying this exemplifies the national government’s continuous efforts towards upholding fiscal transparency and accountability, despite the unexpected, unprecedented impacts of the COVID-19 pandemic.
“Dedicated to sustaining the country’s recent positive performance in global rankings on accountability and transparency, the DBM commits to remain as a champion of open and participatory governance by delivering more concrete, felt and transformative results to the citizens especially during these challenging times,” the agency said.
