Sentences with phrase «budget economic projections»

If there were no prudence in the March 2016 Budget economic projections, the forecast deficit for 2016 - 17 would have been higher by $ 1.7 billion and by $ 4.8 billion in 2017 - 18.

Not exact matches

But even with those changes, ensuring the next few budgets are balanced may prove challenging, thanks to some overly optimistic economic projections.

One of the first things I look for in any budget are the economic projections, particularly after Budget 2015 contained wildly optimistic oil price forebudget are the economic projections, particularly after Budget 2015 contained wildly optimistic oil price foreBudget 2015 contained wildly optimistic oil price forecasts.

This forecast was reduced by $ 1.3 billion to a deficit of $ 31.0 billion in the November 2011 Update of Economic and Fiscal Projections and by a further $ 6.1 billion to a deficit of $ 24.9 billion in the March 2012 Budget.

It is difficult to understand why today's revised economic and fiscal projections were not included in the June 2011 Budget.

In the last two budgets, you have presented five - year economic and fiscal projections.

These include publishing: • Historical estimates and medium - term projections of the economy's potential GDP, as well as the methodology and assumptions used; • Medium - term projections of the Government's structural, or cyclically - adjusted budget balance as well as the methodology and assumptions used; • The assumptions, projections and methods to translate the private sector economic forecasts into its fiscal forecasts; and • The fiscal sustainability analyses of the provincial - territorial government sector that it prepared.

A strengthened and more independent Parliamentary Budget Office would promote greater understanding of complex budget issues; it would force the government to defend its economic and budget forecasts; it would promote a straightforward and more understandable and open budget process; it would promote accountability by commenting on the government's projections and analysis; finally, by being nonpartisan, it would provide research to all political paBudget Office would promote greater understanding of complex budget issues; it would force the government to defend its economic and budget forecasts; it would promote a straightforward and more understandable and open budget process; it would promote accountability by commenting on the government's projections and analysis; finally, by being nonpartisan, it would provide research to all political pabudget issues; it would force the government to defend its economic and budget forecasts; it would promote a straightforward and more understandable and open budget process; it would promote accountability by commenting on the government's projections and analysis; finally, by being nonpartisan, it would provide research to all political pabudget forecasts; it would promote a straightforward and more understandable and open budget process; it would promote accountability by commenting on the government's projections and analysis; finally, by being nonpartisan, it would provide research to all political pabudget process; it would promote accountability by commenting on the government's projections and analysis; finally, by being nonpartisan, it would provide research to all political parties.

As part of the changes to the budgetary process in 1994, four private sector forecasting organizations [2] develop detailed fiscal projections on a National Accounts basis, based on the average of the private sector economic forecasts and the tax and spending policies in place at the time of the last budget for the next five years.

Instead, CCPA uses the Parliamentary Budget Officer's (PBO) October 2012 Economic and Fiscal Outlook Update, while the C.D. Howe uses Minister Flaherty's November 2012 Update of Economic and Fiscal Projections.

One, additional prudence could have been built into the April 2015 Budget for 2015 - 16, with the result that the fiscal projections for 2015 - 16 were not reflective of the economic forecast at that time.

Under the previous Liberal Government, which first asked the Finance Committee to seek the views of Canadians in the planning for the upcoming budget, the Minister of Finance would appear before the Committee, presenting updated economic and fiscal projections and potential challenges for budget planning.

A strengthened (more resources), and more independent (report to Parliament) PBO would promote greater understanding of complex budget issues; it would strengthen credibility by encouraging simplification and forcing the government to defend its economic and budget forecasts; it would improve the budget process by promoting a straightforward and more understandable and open process; it would promote accountability by commenting on the government's projections and analysis; finally, by being nonpartisan it would provide analysis and research to all political parties.

CBO's budget and economic projections are updates to the agency's January projections.

Budget deficits are on the rise, according to the Congressional Budget Office's (CBO's) budget and economic projections released toBudget deficits are on the rise, according to the Congressional Budget Office's (CBO's) budget and economic projections released toBudget Office's (CBO's) budget and economic projections released tobudget and economic projections released today...

The Congressional Budget Office (CBO) released updated budget and economic projections today, continuing to show an unsustainable picture of debt over the next ten years and bBudget Office (CBO) released updated budget and economic projections today, continuing to show an unsustainable picture of debt over the next ten years and bbudget and economic projections today, continuing to show an unsustainable picture of debt over the next ten years and beyond.

The budget does not even provide a projection of Canada's long - term potential economic growth and the key determinants underlying it - productivity growth and labour force growth.

The Congressional Budget Office (CBO) today released its updated budget and economic projections for the coming decade, showing that while short - tBudget Office (CBO) today released its updated budget and economic projections for the coming decade, showing that while short - tbudget and economic projections for the coming decade, showing that while short - term...

This paper looks at the economic and fiscal projections presented in Budget 2012.

We have consistently argued that the Government should use the Department of Finance's economic projections for budget planning and not the average of the private sector economic forecasts.

Typically, a Minister of Finance does not release revised economic and fiscal projections that close to the budget.

Traditionally, the Budget was tabled before the Main Estimates, so that the Main Estimates could be based on the Budget economic and spending projections.

Mr. Flaherty is right to be cautious in his budget projections, given the risks associated with economic and fiscal forecasting.

A realistic approach recognizes that the economic and fiscal projections of the federal government have deteriorated since the budget was tabled in April.

These requirements do not force complete balance on an annual basis: they generally focus on budget projections rather than realizations, so deficits can still occur when economic conditions are unexpectedly weak.

This means that the final budget outcome for 2008 - 09 would not have been fully incorporated into the fiscal forecast until the September 2009 Update of Economic and Fiscal Projections.

Its sole purpose was to provide updated economic and fiscal projections, to be used as a starting point for a debate about the upcoming budget.

They illustrate how difficult it is to translate the economic planning assumptions into credible fiscal projections for budget planning purposes.

Based on the Fall Update's economic and fiscal projections, the budget could be in balance by 2025 - 26.

The Budget also contains the latest economic projections, to which many of the statutory programs are linked.

In the March 2013 Budget and again in the November 2013 Update of Economic and Fiscal Projections, the Minister of Finance attempted to attribute the lapse as the reason for the errors in his forecasts.

To ensure that they achieve this political commitment, a number of restraint measures have been introduced in the 2010, 2012 and 2013 budgets as well as in the November 2013 Update of the Economic and Fiscal Projections.

As we noted in our assessment of the November 2013 Update and confirmed by the PBO in a recent article entitled «Revised PBO Outlook and Assessment of the 2013 Update of Economic and Fiscal Projections», the Government is using higher - than - required EI premium rates to achieve its balanced budget target in 2015 - 16, despite the denial of this by the Minister of Finance.

The federal government's annual budget deficit is set to widen significantly in the next few years, and is expected to top $ 1 trillion in 2020 despite healthy economic growth, according to new projections from the nonpartisan Congressional Budget Office released yestbudget deficit is set to widen significantly in the next few years, and is expected to top $ 1 trillion in 2020 despite healthy economic growth, according to new projections from the nonpartisan Congressional Budget Office released yestBudget Office released yesterday.

These include lowering expense projections for retirement and health insurance expense to reflect lower projected usage and rates not available at the time the budget request was prepared; lowering utility cost estimates to reflect the significant decline in energy demand and prices resulting from reduced economic activity and lowering other operating cost estimates to reflect lower anticipated price changes.

The chancellor will be forced to reveal a grim set of economic forecasts in his first set - piece House of Commons statement, as the independent Office for Budget Responsibility makes its first projections of the impact of Brexit on growth and the public finances.

Last week, after OMB issued its Mid-Session Review of the 1997 Budget, AAAS prepared a further revision, taking account of the new OMB projections and a clarification the Administration has provided of the adjustments it would make in order to bring the budget into balance under CBO's economic assumpBudget, AAAS prepared a further revision, taking account of the new OMB projections and a clarification the Administration has provided of the adjustments it would make in order to bring the budget into balance under CBO's economic assumpbudget into balance under CBO's economic assumptions.

Budget Officer • Developed budget processes and policies • Analyzed operating results and economic indicators • Prepared budget modifications according to prescribed processes • Prepared and updated revenue forecasts and cost projections • Conducted process improvement reviews and capital development proBudget Officer • Developed budget processes and policies • Analyzed operating results and economic indicators • Prepared budget modifications according to prescribed processes • Prepared and updated revenue forecasts and cost projections • Conducted process improvement reviews and capital development probudget processes and policies • Analyzed operating results and economic indicators • Prepared budget modifications according to prescribed processes • Prepared and updated revenue forecasts and cost projections • Conducted process improvement reviews and capital development probudget modifications according to prescribed processes • Prepared and updated revenue forecasts and cost projections • Conducted process improvement reviews and capital development processes

Executive Management Duties & Responsibilities Provide effective solutions to complex issues such as cost budgeting, pricing strategies, vendor negotiations, revenue projections, purchasing and sales negotiations, business development tactics and industry competition Identify and develop talent among team members with targeted recruitment, focused training efforts and the promotion of a performance - based work environment that leverages individual talents for group benefit Utilize needs - and situation - based assessments to manage costs and capital outlays and determine potential ROI Participate heavily in all marketing, branding, public relations and communications activities Develop leadership team and support staff to aid in efficient business operations, sales and marketing functions, and client service execution, delegating important tasks and assignments while monitoring for effective resolution Lead through example with consistent work ethic, attitude, and professionalism, while performing sales presentations, overseeing market operation and business development, creating new revenue channels and managing key vendor and client relationships Collaborate in all phases of strategic planning with senior - level management, while furnishing oversight and guidance regarding effective acquisition strategies, pricing, market trends, and operational structures Assess and expand key markets and potential business ventures while ensuring operational efficiency and solid execution of corporate mission Create and implement marketing and sales strategies while tracking progress versus established internal and external benchmarks, focusing on both revenue generation as well as cost control Maintain a strong working knowledge of the products, services and respective marketplace, including pricing and regulatory trends, competitor strategies, general economic conditions and other business metrics Act as a liaison between staff, clients, and other management members to resolve issues in a timely manner