What is NBS?
- Based on Federal Modified Budgeting System (MBS)
- Budgeting based on performance and results, not on inputs/allocations with utilization of IT
- Based on the principle of "Let Managers Manage"
Objective
To improve the effectiveness and efficiency of the budgeting system, thereby enhancing
public finance administration.
Implementation of NBS – Operating Budget
On NBS since year 2000
2) NEW BUDGETING APPROACH – 2 YEAR BUDGET
Objective
To allow adequate/better planning process and facilitate implementation of State Budget
Description
A budgeting approach whereby the budget requirements of 2 consecutive years are prepared
and examined together by the State Financial Secretary. For the purpose of approval by
Dewan Undangan Negeri, the budget are tabled separately, i.e one budget year at a time as practice currently.
Implementation
Implement 2 year Budget Approach effective year 2004-2005 Budget.
  Relevant Circular
Pekeliling No. 3 Tahun 2002 – Pindah Peruntukan Berdasarkan Sistem Belanjawan Baru *(pdf File)
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