Politics

President outlines transition to programme budgeting

19 Sep 2010, 6:08 PM
President Mohamed Nasheed on Friday announced the transition from line-item to programme budgeting in 2011, a process that began in 2006 under the previous government.
In his weekly radio address, President Nasheed explained that the new budget will be based on the Strategic Action Plan formulated in 2009.
The purpose of a programme budget is to determine and identify means of achieving targets of government offices and institutions.
“After identifying the target, objective or the aim, what offices have to do is determine the work that will be needed to achieve it,” he said. “And then they have to determine the expenditure required for it such as machinery, services, people. That is what we consider the budget. But what is important are the programmes.”

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