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March 11, 2019 | by  | in Features News Splash | [ssba]

How It Works: The Wellbeing Budget

You may, or may not, have heard about Grant Robertson’s “Wellbeing Budget”.

Announced last December, the new approach to the government’s spending looks through an entirely new lens: that of wellbeing, rather than just fiscal and economic.

Ministries and agencies would be collectively responsible for achieving the budget’s goals, including a wellbeing cost–benefit analysis when applying for funding.

The diagram is a simplified representation of the proposal in last December’s Budget Policy Statement, presented by Minister of Finance Grant Robertson.

Designed by Rachel Salazar.

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