Budgets¶

Definition¶

Within the IATI organisation standard three types of budgets can be declared.

These all relate to the specific iati-organisation being described:

total-budget - total annual planned budget of the iati-organisation.
recipient-org-budget - budget for disbursements to another organisation.
recipient-country-budget - budget for each country in which the iati-organisation operates.

When using the IATI organisation standard to declare budgets, the following should be considered:

It is recommended that budgets in the IATI organisation standard are forward-looking.
It is recommended, where possible, that budgets are presented for the next three financial years.
When presenting multiple budgets, then the relevant budget element should be repeated accordingly.
It is possible to report periods other than financial years, but this is not recommended.
Financial periods are presented using the period-start and period-end dates.
It is expected that financial years appropriate to the relevant iati-organisation would be described.
It is strongly recommended that the period-start and period-end of the financial years described for any recipient-country-budget match the budgetary/planning cycle of the recipient-country.
It is possible to report budget values in multiple @currency.
The @default-currency can be set in the iati-organisation element. Should subsequent budgets be in the same @currency then there is no need to restate.
When declaring a value-date for any budget, this date must be in the past.

In version 2.01, the following must also be considered: