The Role of Parliaments in Public Debt Management and Transparency
As the representative body of the people, legislative institutions are vital to national fiscal accountability to ensure government spending decisions align with citizen priorities. In many countries, especially during the COVID-19 pandemic, parliaments found themselves sidelined during national spending decisions, including oversight of loan approval processes and loan-financed projects. In order to raise awareness regarding their vital role and good practices of legislatures, , the National Democratic Institute (NDI) and the Westminster Foundation for Democracy (WFD) developed four briefs for parliamentarians and practitioners on public debt management.
This webinar will highlight the importance of parliament’s role in public debt oversight, in addition to specific entry points for enhancing parliaments’ role in fiscal accountability. It will feature experiences of members of parliament and experts on this topic, and present the policy briefs developed by NDI and WFD.