Legislatures' Financial Oversight Shapes National Budgets and Economic Wellbeing
Legislatures around the world have been given more power in the 1990s, especially when it comes to overseeing the budget. They play a crucial role in examining and approving how money is spent and collected, making sure the national budget is managed properly. The way governments handle money affects people's lives through taxes, spending choices, and economic policies. This paper looks at how legislatures oversee finances and what we've learned from their work over the past decade.