SA wins accolade for national budget (News24.com 20110221) - South Africa has taken the first place in an international Open Budget Survey 2010 released recently, beating the United Kingdom, United States, Germany and all Bric (Brazil, Russia, India and China) countries. Second position went to New Zealand, followed by the UK in third place and France in the fourth position. China ranked the second lowest while Saudi Arabia ranked the lowest. The international Open Budget Survey 2010 is the world's only independent and comparative measure of budget transparency. It uses criteria mainly developed by the International Monetary Fund, Organisation for Economic Cooperation and Development, and the International Organisation of Supreme Audit Institutions. The survey covers 94 countries and is undertaken every two years.

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