What is a primary goal of budget transparency?

A primary goal of budget transparency is to enhance government accountability. When budgets are transparent, it allows citizens, stakeholders, and auditors to have insight into how public funds are allocated and spent. This openness fosters trust between the government and the public, ensuring that officials are held responsible for their financial decisions and the financial health of the entity they manage.

Through enhanced transparency, the public can better understand budgeting priorities, enabling them to ask informed questions and provide feedback. This accountability helps in reducing waste and corruption, as the scrutiny of budget practices can deter inappropriate uses of funds. Overall, transparent budgeting practices empower stakeholders and promote informed civic engagement, which is essential for a functioning democracy.