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Empowering Public Understanding of Public Finances

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and spending pressures keep building

BY 2050,

Almost 1-in-3 citizens will be over 65

Health & pension costs will rise by 3–4% GDP

Climate and defence pressures will intensify

Without reform, this could mean unsustainable public debt

but budget reforms are hard to pass

Budget reforms often stall because they lack public support

People may rightly feel uninformed, unheard, or unconvinced

Traditional budget tools are no longer enough

Empowering Public Understanding is becoming central to modern budgeting

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Empowering Public Understanding of Public Finances by OECD - Issuu