Nicosia, Cyprus. The treasury office has launched a new digital tool allowing citizens to monitor the implementation of the state budget through open, interactive data, Accountant General Andreas Antoniades said.
Platform aims to strengthen transparency and access
Speaking to the Cyprus News Agency (CNA), Antoniades said the platform, based on Microsoft Power BI, is part of a wider digital transformation of fiscal management and is designed to improve transparency, accountability and public access to financial information.
He said the initiative marks a new stage for the general accounting office by providing the public with direct access to reliable and regularly updated data on the execution of the state budget.
Antoniades said “the use of modern digital tools is a basic prerequisite for enhancing transparency and accountability in fiscal management.”
“Transparency acquires substantial content when citizens can have direct access to data and understand it, which strengthens trust in public administration,” he added.
Budget data available from 2021 with comparisons and filters
Through the new PowerBI tool, citizens can view state budget implementation data from 2021 onwards, with information available by year, month, income and expenditure category, and government agency.
The tool also allows users to compare budgeted and actual figures, analyse deviations, extract information by period and use dynamic filters for more targeted searches.
Tool targeted at the wider public
According to Antoniades, the platform is addressed to society as a whole and not only to specialists or professionals in the field.
He said that, through interactive visualisations, users are given a fuller picture of the state’s fiscal course, including the monitoring of revenues and expenditure and their comparison with initial forecasts.
He added that the tool supports the timely identification of trends and developments, helping the public form more informed views on public finances.
How will you use the new tool to follow the state budget’s revenues and spending?
