QUESTION3

a)From the Government (Public Sector) perspective, the successful budget formulation process largely depends on addressing four( 4)dimensions. Brieflyexplain these dimensions

b)From the Government , perspectivethe Budget formulationprocess is coordinated by the Ministry of Finance .Identifyand brieflyexplain the FIVE main stagesthat pursued / followed in this process .

c)Explain the term the " BudgetingCycle "andjustifythe presence of Members of Parliament in this Cycle

Briefly explain the main stagesthat involvedin Zero- Based Budgeting System( ZBB )