Participatory Budgeting | Golden Age

Participatory budgeting (PB) is a decision-making process that allows citizens to allocate part of a municipal or public budget through democratic deliberation and decision-making. This process typically involves neighborhood popular assemblies to discuss proposals and ends with voting on final decisions. By giving citizens the power to make real decisions about public spending, participatory budgeting aims to increase citizen engagement and participation in the decision-making process. According to some sources, participatory budgeting has been adopted by various cities worldwide.