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MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • December 19th, 2019
WHEREAS the IBP is a nonprofit organization regulated by the US laws of the District of Columbia (“Grantee”) and operated for charitable, educational and/or scientific purposes within the meaning of Section 501(c)(3) of the US Internal Revenue Code, recognized as a leading independent, international non-governmental organization working in the field of fiscal transparency and accountability. IBP engages with country based and international stakeholders to promote better budget systems, practices, policies and outcomes, and builds the capacity of civil society to conduct budget analysis, monitoring and advocacy. IBP is a leading producer of independent research on country budget systems, processes, policies and outcomes. IBP’s flagship product, the Open Budget Survey, is the world’s only independent, comparative assessment of the three pillars of public budget accountability: transparency, participation, and oversight.
