Not exact matches
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.
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.
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.
This Fed has also shown a preference for making changes to the funds rate only at meetings at which updated
economic projections are released (
March, June, September, December).