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[LISTEN] Zero-based budgeting explained

24 June 2020 11:13 AM
Tags:
Parliament
finance minister tito mboweni
Emergency Budget
zero based budget

Pan African Research CEO Dr Iraj Abedian explains what a zero-based budget entails and how it works.

Finance Minister Tito Mboweni is scheduled to deliver an emergency budget in Parliament on Wednesday afternoon.

The special adjustment budget is a modification of the national budget that was tabled in February and it will make provision for the state's Covid-19 response.

The emergency budget will deal with the R500 billion relief package meant to deal with the COVID-19 crisis as announced by President Cyril Ramaphosa.

Aubrey Masango speaks to Pan African Research CEO Dr Iraj Abedian about zero-based budgeting.

RELATED: Emergency budget by Mboweni requires firm and decisive action - Business for SA

Zero-based budgeting is absolutely necessary for the cabinet to say shouldn't we go into a reboot mode and look whether the way we allocate our resources is still good enough.

Dr Iraj Abedian, CEO - Pan African Research

Zero-based budgeting says guys let us sit back, is this the sensible way of using limited resources?

Dr Iraj Abedian, CEO - Pan African Research

Listen to the full interview below...


24 June 2020 11:13 AM
Tags:
Parliament
finance minister tito mboweni
Emergency Budget
zero based budget

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