Economics · Fiscal Policy and Budget
What is the primary meaning of Zero-Based Budgeting (ZBB)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Preparing a budget focused primarily on reducing fiscal deficit to zero
- 2Evaluating every item of expenditure afresh, treating it as a new initiative✓
- 3Allocating resources based on the previous year's budget with fixed increments
- 4Limiting government borrowing strictly to productive capital investments
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Evaluating every item of expenditure afresh, treating it as a new initiative
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