Transparent Budgeting

Transparent budgeting involves openly sharing how a government, organization, or entity plans and allocates its financial resources. It means providing clear, accessible information about income, expenses, and financial decisions so stakeholders and the public can understand where money is coming from and how it’s being used. This process encourages accountability, reduces corruption, and builds trust by making financial information available and understandable. Essentially, transparent budgeting ensures that financial planning is open and honest, allowing everyone to see and evaluate how funds are managed.