WELLINGTON: New Zealand unveiled its inaugural"wellbeing" budget Thursday in a move set to cement Prime Minister Jacinda Ardern's reputation for compassionate leadership in theArdern, widely praised for her respectful handling of the March shooting in which 51 Muslim worshippers were gunned down, described the budget as a world-first attempt to change the way economic progress is measured.
The Himalayan kingdom of Bhutan first floated the idea of prioritising happiness over growth in the early 1970s and introduced a Gross National Happiness Index in 2008. Many other nations have adopted similar concepts but the New Zealand attempt is being touted as the first time it has been at the core of a government's spending decisions.
Opposition finance spokeswoman Amy Adams described the wellbeing move as a gimmick, calling the budget"all spin and no substance".
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