IPAMM Director Andrey KLIMENKO took part in the Moscow Urban Forum, held 4-5 December in the capital. During the session Effective Budget Policy, items were considered pertaining to the strategic management of the budget. The following speakers featured during the session: Maxim RESHETNIKOV (Moscow Government Minister and Head of the Department for Economic Policy and Urban Development of Moscow), Richard DALEY (former Mayor of Chicago, USA), Alexander LUKIN (member of the Board of Directors of Glavstroy] and Tatiana GREKHOVA (Deputy of the VMO Presnenskoe municipal assembly).
A round table was held on 1 June at the Higher School of Economics, devoted to Moscow’s Open Budget. Officials, experts and representatives of public organisations all gathered to discuss problems of information openness.
Opening the round table, director of the HSE’s Institute for Public and Municipal Management Andrey KLIMENKO remarked that, in economic terms, the budget performs a critical information function and market agents can and should make rational decisions, relying on budget data. If they do not have enough of this information, they will find it hard to determine their policy and the way they should conduct themselves on the market, especially when making long-term or medium-term plans. In this respect, an open budget is important because it reflects the key parameters and the key preferences of the authorities and business may ‘tune its conduct in line with the expenditure outlines that the government specifies for itself.’