what are the principles of participatory budgeting?
The fundamental principles are participatory democracy, as a political model, and good governance. If indeed these principles are considered universal, each city or country converts them into practical means, reflecting their needs and the local context.good governance. If indeed these principles are considered universal, each city or country converts them into practical means, reflecting their needs and the local context.the Participatory Budgeting Law in Peru. • Participation • Transparency • Equality • Tolerance • Efficiency and effectiveness • Equity • Competitiveness • Respect for agreements • Co-management of public resources provides another dimension to these principles.
