Question
In 2019 in their seventh round of assessments, Open Budget Survey (OBS) emphasises three core components, all at the central government level, namely: Budget accountability
In 2019 in their seventh round of assessments, Open Budget Survey (OBS) emphasises three core components, all at the central government level, namely: Budget accountability - transparency Participation Oversight They further suggest: "To move the open budgeting agenda forward, a new collaborative approach is urgently needed - one that unites governments, civil society, the private sector and international development partners." They describe an open agenda as "a fully transparent budget process, where the public participates in key decisions, and legislatures and supreme audit institutions (SAIs) provide robust oversight. It is a world where governments better understand public needs, consider all views in budget trade-offs, collect sufficient revenue and deliver the services that people need to thrive. In such a world, people trust their governments, knowing their voices are heard and that public resources are used to meet their needs". (OBS, 2020:67-69) This is partially a research question and you need to rework the original material to adequately respond to the following question: For this assessment, explain the four (4) ambitious targets OBS sets to achieve open budgets within five years. In addition to the four targets, include the essential role that stakeholders play in advancing the agenda. Should it become apparent that you merely copied the original material and offered it as a response, it will not be marked and a mark of zero will be awarded.
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