Malaysia: Govt to implement Zero-based Budgeting for procurement process
28 Aug 2018: The government is set to implement a Zero-Based Budgeting (ZBB) system as part of its procurement process in the pursuit of good governance practice. Finance Ministry Special Officer Tony Pua said the new budgeting system initiated by the ministry was expected to be implemented this year. “This is a budgeting system where you (ministries and government agencies) start from scratch. You do not go by the previous government’s budgeting structure.