However, Fitch noted that while near - term budget goals have been exceeded, full fiscal recovery following the global recession «remains several years away.» (canadianbusiness.com)
Although the current economic crisis has several dimensions previously unseen — the pace at which employment and housing sectors crumbled, the speed at which credit disappeared, the intensified economic interdependence of global markets, and the stunning magnitude of plummeting personal and institutional wealth — the federal government's monetary and fiscal recovery plans were enacted into policy with remarkable speed. (educationnext.org)
Mohamed had run into financial difficulties, and he perceived this colt as his way to fiscal recovery. (si.com)