An emphasis on outcomes

A new way of government budgeting promises more impact and value for money

IN his Budget 2014 speech last month, Prime Minister Datuk Seri Najib Tun Razak used a term that wasn’t in our mainstream vocabulary – outcome-based budgeting (OBB). Okay, perhaps it will never be something that rolls off the tongue, but this new way of doing things may have a quiet but significant impact on how the country is governed.