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QUESTION 2 Budgeting and financial management are at the core of economic and public sector program n most nation. The Malaysian government budget theme for

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QUESTION 2 Budgeting and financial management are at the core of economic and public sector program n most nation. The Malaysian government budget theme for 2019 is "Credible Malaysian, dynamic economy, prosperous rakyat", focuses on institutional reforms, the people's wellbeing and promotion of entrepreneurial culture. a). There are FOUR (4) types of budgeting system in public sector. Explain. (5 marks) b). Analyze the advantages and disadvantages of the above FOUR (4) budgeting systems. (10 marks) c). The Malaysian government aims to reduce the deficit in budget due to expenditure commitment by the previous administration (Star, 2 Nov 2018). Recommend several initiatives to the government on how to tackle the problem. 15 marks)

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