What Is Participative Budgeting?

The government will hand over funds for public project construction involving the public's vital interests to the public for discussion, and the public will decide to make the budget preparation more open, democratic and transparent-this is the "participatory budget". This improved the use of funds, avoided corruption, and awakened the people's sense of democracy and participation, providing a platform for the full expression of public opinion.

Participatory budgeting

Right!

The government will hand over funds for the construction of public projects involving the vital interests of the public to the public for discussion, and the public will decide

The previous use of public construction funds was arranged by the government according to the annual plan until

As a highly specialized field, fiscal budgeting is difficult to completely take out funds for people to participate. Therefore, it is necessary to define its scope of application and allow people to participate in projects within their ability. In terms of courtyard reform, it is not only closely related to the vital interests of the people. With their existing knowledge and ability, they can fully propose rationalization suggestions and ideas. If the government comes up with highly specialized construction projects, such as subways, bridges, and highways, for people to participate, it is often difficult for people to put forward high-quality opinions and suggestions.

Liang Xuefeng, a professor at the School of Management of Harbin Institute of Technology, believes that in order for "participatory budgeting" to play a greater role, a more open and transparent fiscal budget information disclosure system is needed. After all, the people are very new to the budget. Only the financial department provides complete budget information and discloses the overall arrangement of the funds, so that the people can understand where the government's money is spent and how to spend it more reasonably, so as to put forward their participation opinions.