UN General Assembly
1970

212. The growth of the budget is a financial problem of a different order. The question must be asked whether the present rate of growth is not excessive. Growth must be accepted, but it must be carefully managed and apportioned to make the most effective use of our limited resources. In many countries, including my own, serious thought is being given to new forms of budget planning and presentation. We welcome the international studies carried out on this topic. There is much to be said for budgeting by program rather than by object of expenditure as at the present time.