Sentences with phrase «budget revenues as»

But possibly the most significant and ambitious goal in Vision 2030 is to wean the kingdom's economy off of oil exports, which accounted for roughly 87 percent of total budget revenues as of December 2016.

Not exact matches

Elliott declined to comment on Express's revenue numbers, users, or its budget (the latter of which Recode reported as $ 500 million per year in 2014).

He added that the extra revenue would wind up as a boon to filmmakers, with studios investing more money in film budgets and making more movies overall.

And even as the recession has tightened consumers» budgets, Mackey has led the company to steady revenue growth while avoiding layoffs.

However, the party excludes this entirely from their balanced budget plan, which starts with the 2014 Liberal budget as a baseline for their forecast revenue:

China's box office revenue is still swelling at double - digit rates after years of breakneck growth and, with Hollywood know - how and bigger budgets, Chinese movies are gaining momentum as they find ways to play on domestic themes and improve production quality.

The contractor is also a prime beneficiary of the White House's defense budget increase, as well as new arms deals with the likes of Saudi Arabia: Lockheed's stock price has risen some 26 % over the past year, handily beating the S&P, while revenue jumped 17 % in 2016.

We measure each state's fiscal health by looking at its credit ratings and outlook, as well as state revenues as compared to budget projections.

For most blog, news and content website owners, ad revenue is essential, as it feeds the budget required to deliver the content your readers want.

Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.

Malaysia's budget due at 4 p.m. local time (0800 GMT) may be the toughest yet for embattled Prime Minister Najib Razak as he struggles to balance declining oil revenues, spending priorities and a growing political scandal.

Two weeks after Redford's remarks, federal Finance Minister Jim Flaherty told reporters lower government revenues follow from lower commodity prices like «night follows the day,» meaning a hard line of spending as he approaches his own coming budget.

Even as many businesses look to shrink their travel budgets, the top 20 % of an airline's customers can still account for as much as 70 % of its revenue.

«As for seeking revenue gains to solve budget problems, if the tax is too small, it will have no effect.»

The Congressional Budget Act of 1974 defines tax expenditures as «revenue losses attributable to provisions of the Federal tax laws which allow a special exclusion, exemption, or deduction from gross income or which provide a special credit, a preferential rate of tax, or a deferral of tax liability.»

Unfortunately, budget forecasts do not provide a breakdown of the various components of nominal GDP, such as wages and salaries, corporate profits, interest income, etc., so it is difficult to properly assess the impact of changes in the economic forecast to changes in the major components of budgetary revenues.

The budget also includes several smaller tax proposals such as eliminating marriage penalties in the tax code and introducing universal tax - free savings accounts, presumably on a revenue - neutral basis.

The key risk to the 2018 Budget deficit forecast of $ 19.4 billion for the year as a whole is personal income tax revenues.

The result will be the same as the US, the too big to fail banks will be gifted huge swags of Government printed money, Government revenue will collapse and they will then print 50 % of their budget into the foreseeable future.

Personal income tax revenues were up $ 0.8 billion (3.3 %), well below the 2017 Budget forecast of 5.8 % for the year as a whole.

Within budgetary revenues, personal income tax revenues were up $ 7.7 billion (6.1 %), slightly above the growth rate forecast in the 2018 Budget for the year as a whole.

Charges for these services are netted against spending in the Main Estimate, but classified as part of «other revenues» in the Budget.

In the March 2012 Budget, the Department of Finance would have used their more optimistic estimates for 2011 - 12 as the base for forecasting revenues and the resulting budgetary balance to 2016 - 17.

As a small startup with a limited budget, he helped double our revenue in less than 12 months and created a long lasting stream of revenue generating traffic.

According to an August report by the Congressional Budget Office (CBO), debt will likely continue to grow as spending for large federal benefit programs — Social Security, Medicare and the like — outpaces revenue.

The $ 330 - billion spending plan says while several economic indicators such as employment numbers and tax revenues are up, and this year's deficit will likely be lower than expected — there are risks ahead: oil prices are expected to remain low; Canadian exports may remain flat; and «possible U.S. policy actions affecting trade could restrain exports to the U.S. even further,» the budget says.

As noted above, the higher - than - expected deficit outcome for 2011 - 12, compared to the March 2012 Budget forecast, was entirely due to lower - than - expected revenues.

The accounting basis is not the same — the Estimates are on a cash basis of accounting while the Budget is on an accrual basis; the coverage is not the same — with the exception of the Guaranteed Income Supplement, tax expenditures are not included in the Estimates; and the Estimates are on a net basis, netting off revenues against applicable spending, while the Budget is on a gross basis, recording such charges / fees as revenues.

As part of its 2006 election platform, the Conservative Party promised to «create an Independent Budget Authority to provide objective analysis directly to Parliament about the state of the nation's finances and trends in the national economy; require government departments and agencies to provide timely information to the Parliamentary Budget Authority to ensure it has the information it needs to provide accurate analyses to Parliament; and ensure that government fiscal forecasts are updated quarterly and that they provide complete data for both revenue and spending forecasts».

On balance, budgetary revenues increased by 2.2 % on a year - over-year basis, compared to a 4.3 % increase in the March 2013 Budget forecast for the year as a whole.

Here's what you need to watch for as the federal parties release their platform budgets, like appearances of the cost - cutting fairy, and the revenue fairy

On balance, budgetary revenues increased by 4.3 % on a year - over-year basis, bang on the March 2013 Budget forecast for the year as a whole.

There have been reports by the Broadbent Institute (the Kesselman study) as well as the Parliamentary Budget Office that also raise concerns about how over time the implementation of the expanded limit will increase the size of the tax exempt base and erode future government revenues.

Even if all of the spending and tax - reduction measures announced in the 2015 budget were cancelled — and no opposition party has yet gone so far as to promise that — that still would not be enough revenue to prevent a return to deficit.

Until a balance is restored between supply and demand, though, Saudi Arabia is willing to endure the current low price of oil, even as its own budget, heavily reliant on energy revenues, faces a deficit of $ 98 billion, or 15 percent of gross domestic product, for fiscal 2016.

Pay - as - you - go rules (often called PAYGO) covered the rest of the budget: changes to mandatory spending and revenues could not together increase the deficit in any bill when pay - as - you - go rules were enforced.

Family income splitting, costing $ 2 billion this year in lost revenues, will proceed as planned, again primarily benefitting the most affluent while making it much more difficult to balance the budget.

The drop in the international price of oil exposed a large cleavage in the government's finances as past governments became too comfortable and over reliant on these unstable resource revenues to fund the province's operations budget.

In contrast, corporate income tax revenues (up $ 1.9 billion or 14.8 %) and sales and excise taxes (up $ 2.2 billion or 12.8 %) were well above their Budget forecasts of 2.6 % and 2.2 %, respectively, for the year as a whole.

Personal income tax revenues were up $ 2.6 billion (5.7 %), somewhat the 2017 Budget forecast of 6.1 % for the year as a whole.

Within budgetary revenues, personal income taxes were virtually unchanged, as gains in employment income subject to tax were offset the impact of the Budget 2016 tax reductions.

For companies that have seen sales, general, administrative, or other costs expand faster than revenues, and been unable to tame increases using more mainstream techniques such as outsourcing, zero - based budgeting offers the prospect of identifying waste, focusing attention on business strategy, and targeting resources to key goals.

But as our provincial credit ratings have been downgraded, it will be important for the current and future governments to implement policies that will actually address the government's significant revenue shortfall and growing budget deficit.

Today's startups may take many forms: some are run as side hustles on shoestring budgets, while others may be backed by venture capitalists at multi-million dollar valuations even before a cent of revenue is generated.

For the June 2011 Budget, the Department of Finance would have used their estimates for 2010 - 11 as the base for forecasting revenues and expenses and the resulting budgetary balance to 2015 - 16.

Reconciliation bills can not change the budget process either, such as by establishing or modifying discretionary spending limits, because the changes must directly affect spending or revenues.

Have the budget set a maximum for federal spending and debt, as well as a floor for revenues, all as a percent of GDP.

As a result of both lower revenues and higher program expenses, the primary budget balance (revenues minus program expenses) is projected to be $ 98 billion lower in 2050 - 51.

Charges for these services are netted against spending in the Estimates but included as part of «Other revenues» in the Budget.

 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).