✅ Annual budget to focus on ‘wellbeing’ of people as well as economic measures
Автор: news dayly
Загружено: 2020-05-16
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✍ A new method of calculating the annual budget to focus on the “wellbeing” of people as well as economic measurements is being discussed in government formation talks. The Green Party has raised a new “wellbeing budget” with Fine Gael and Fianna Fáil. The party has cited the New Zealand “wellbeing budget” model first introduced by prime minister Jacinda Ardern’s government last year. The New Zealand approach is based on the idea that the long-term impact of polices on people’s lives is better than measuring progress from economic data. The first wellbeing budget in New Zealand saw significant investment in mental health, measures to combat domestic violence and major funding for improving children’s wellbeing, such as tackling child poverty. It also focused on climate measures, a digital economy and supporting minority groups such as the Maori community. The idea was discussed in a session on the economy on Wednesday, with sources saying budgeting must focus on “quality of life ...
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