Level of "disclosure" of the Brazilian federal government budget

Abstract

The budget reflects the financial signs of the government plans for a future period. That is for its check and demonstration are essential for a good public administration. Therefore, make its data publicly available exalt the disclosure of government plans, increasing control, planning and, most important, allowing citizens to inspect the public administrators actions. In this context, the purpose of this article is to examine the Disclosure level of Brazilian Federal Public Budget compared with the results of the survey Practices and Procedures on Budget Reporting, produced by OECD/World Bank. To keep the goal, the research developed in 2003, which was answered by 41 countries, is compared with the same research applied in Brazil. To enhance answers analysis, was made a descriptive statistic and the countries were classified according to the disclosure level. Considering the research results, it can be concluded that Brazil has the best level of disclosure, close to Slovakia, among all countries which answered the research, according to the data indicated on the OECD/World Bank research and approved by IFAC.