«According to the NGFS findings, «the action point with the highest percentage of implementation is that of
Public Expenditure Reform, which recorded 69 % success, the NGFS Economist, Nabena disclosed.
However, at a glance, the consultants recorded a 42 % level of implementation across the 36 states, other percentages are 60 % for
Public expenditure reforms as against 69 % from the NGF, 56 % for PFM which is the same with what the Forum recorded and 35 % level of implementation for public debt as against 54 % recorded by the NGF.
The commendation was however attributed to their reforms at the subnational level, adding that there is a 69 % success in
Public Expenditure Reforms being implemented by governments at the subnational level.
With a projected revenue of N3.86 trillion in the face of dwindling crude oil receipts, government estimates that oil revenues contribute N820 billion of the total revenue; non-oil revenues, comprising Company Income Tax, CIT, Value Added Tax, VAT, Customs and Excise duties, and Federation Account levies, are expected to contribute N1.45 trillion; while independent revenues are expected to contribute N1.51 trillion through the enforcement of the Fiscal Responsibility Act, 2007 and
public expenditure reforms in all MDAs.
Not exact matches
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In our first year, we passed sweeping ethics
reform, opened the books on Senate
expenditures for the first time in history, and made every legislative action the Senate takes available to the
public.»
In the absence of
reform, such countries will be forced to rely on tax increases or cuts to
public expenditures to restore their
public finances to good health.
Mr. Speaker, on the
expenditure front, we have shown our commitment to eliminate
expenditure overruns and will remain committed to continue with the design and implementation of the
Public Financial Management (PFM)
reforms with the aim of eliminating inefficient and ineffective allocation of resources.
She stated the objectives as; to Improve Accountability & Transparency, to Increase
Public Revenue, to Rationalise
Public Expenditure, to Improve
Public Financial Management and Sustainable Debt Management, stressing that state governments have agreed to the
reform.
Cuomo made little
public effort to move the multi-faceted
reform agenda he proposed in January and instead appeared to move the goalposts for
reform toward the end of session when he announced he wanted to tackle independent
expenditure campaigns, something Senate Republicans found much more appealing than restricting legislators» outside income or closing the LLC loophole.
To this end, the proposed
reforms to the provision of
public expenditure based on the Barnett Formula is a commendable feature of Plaid Cymru's manifesto.
Cuomo, who doesn't face re-election until 2014, has pledged to enact broad new campaign finance
reform laws, including the
public financing of campaigns and stronger disclosure rules that target independent
expenditure groups.
Lord Forsyth, a former Conservative minister who headed the party's recent Tax
Reform Commission, said: «I think we need to cut taxes, cut interest rates and cut
public expenditure.
The Times drives him crazy; he thinks its editorial board is obsessed with
public financing of campaigns, a
reform Cuomo says he supports, even though he's dubious that it has much relevance in the age of big - money independent -
expenditure committees.
The
Public Integrity
Reform Act of 2011, passed in June of that year, required the Board to establish criteria for the disclosure of independent
expenditures by January 1, 2012.
Business secretary Peter Mandelson told the Today programme that the
public sector
reforms were an exercise in «reprioritising
expenditure» between departments.
The goo - goos are again calling for widespread
reforms, including creation of a voluntary system of
public campaign financing, lowering of the contribution limits and full disclosure of independent
expenditures.
The 5 - point plan includes independent
expenditure reforms that would prevent independent spending groups to be formed or run by a candidate's family members and the
public disclosure of anyone in control of a group.
In addition a review of the
expenditure reports and donations for the Independence Party that are on
public file demonstrated the potential that funds from the Independence Party may have been used for the collection of signatures in the contested Republican Party primary that was being waged by Legislator Frank Sparaco with the help of Clarkstown's Superintendent of Highways, Wayne Ballard, in a continuing strategy to consolidate political power under Vinny Reda and himself and thereby thwart
reform.
A Better Connecticut's «independent»
expenditure is part of a broader $ 2 million plus
public relations campaign designed to support Governor Malloy and his education
reforms.
Chairman of the Bar, Chantal - Aimée Doerries QC says: «Today's Queen's Speech, delivered against the backdrop of continued economic austerity, highlighted the government's drive to cut
public expenditure further and to
reform public services.