The most widely discussed proposals for reforms budgetary are as follows: 1. Program budgeting, 2. Performance budgeting, 3. Zero-based budgeting (ZBB) and 4. Planning- programming-budgeting system (PPBS) 1. Program budgeting The Second Hoover Commission in the USA by American company in 1952 introduced the term Program Budgeting. According to this budget system, the objectives of budgeting system was focus on the detail information about the program that held in a country. It is a program based budgetary process. Generally, it is taken as the synonyms of the performance budget. In the program budgeting, the budget has made by a framework of performance to attain a particular objective which means there is no overlapping of objective. The process of program budgeting is shown by the following chart: Output =====>> Activities =====>> Input · Program budgeting provides a more useful basis for eva...
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