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Give your views on this extract of the budget speech

EXTRACT FROM BUDGET SPEECH 2015-2016 BY THE HONOURABLE MINISTER OF FINANCE

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“before coming to the objectives of the Budget and to our policies for attaining those objectives, I wish first to explain the rationale behind the change in the budgeting approach – from a Programme Based Budgeting to Performance Based Budgeting. There was a consensus that the Programme Based Budgeting was bulky and too complicated for legislative purposes and for the public. It made the appropriation process tedious and very often opaque. We are shifting to a more transparent, and simpler to understand Budgeting process”

Required:

Give your views on this extract of the budget speech 2015-2016 from the Honourable Minister of Finance. You should explain the ration

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