24 June IBP/DFI, Webinar on Debt Accountability to Domestic Stakeholders
IBP and DFI jointly led a webinar to present the findings of DFI’s scoping study on how to make public debt policy decisions more accountable to domestic stakeholders, such as parliaments, audit offices and civil society. The study was commissioned by IBP and funded by the Gates Foundation. In the webinar, DFI discussed legal, institutional and political frameworks and contexts for accountability; and practical steps to improve accountability at each stage of the public debt management cycle. It particularly highlighted good practices from Benin, Burkina Faso, Ecuador, Cameroon, Jamaica, Kenya, Mexico, Norway, the Philippines, Rwanda, Uganda and Vietnam. IBP highlighted how the results of the study chimed well with their findings in the 2024 Open Budget Survey that accountability on debt and financing issues in the budget cycle is very weak, in terms of parliamentary oversight and especially public participation. The resulting publication will be appearing on this website shortly.
