NewZealand is the first country to measure its success based on citizens' well-being

Last Updated: May 15, 2019

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NewZealand is the first country to measure its success based on citizens' well-being

NewZealand is the first country to measure its success based on citizens' well-being

15 May 2019 Current Affairs: New Zealand to become the world's first country to measure its success based on the well-being of its citizens. 
Under the first 'well-being budget' to be presented later this month, the New Zealand government will give special emphasis to mental health. 
Notably, Bhutan also measures its citizens' happiness levels while calculating its success.
According to predictions by the International Monetary Fund, the New Zealand economy is expected to grow at around 2.5 % in 2019 and 2.9% in 2020. 
New Zealand is the first western country to design its entire budget around wellbeing priorities and instruct its ministries to design policies to improve wellbeing.
 

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