Century Software Announces Completion Of Outcome Based Budgeting Project With Ministry Of Finance

PUTRAJAYA, May 2 (Bernama) — Century Software (M) Sdn Bhd, a subsidiary of Censof Holdings Berhad announced today the completion of a large-scale project that has transformed and represents an evolutionary step in Malaysia’s implementation performance based budgeting.

Across the world, performance-based budgeting has been a main agenda of reform for most ministries of finance. In many countries, however has been overly ambitious, and as a result difficult to administer.

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