Sentences with phrase «budgetary surplus»
A "budgetary surplus" refers to the situation when the amount of money received or saved is more than the amount spent for a particular budget or financial plan. It means there is extra money left over after all expenses have been covered. Full definition
These programs are instead a politically convenient response to budgetary surpluses in the federal student - loan program, accounting rules, and turf wars between congressional committees.
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The country was on track to record a primary budgetary surplus of $ 3.3 billion (3 % of GDP), had raised $ 3 billion in the country's first bond issuance since the crisis began at an annual coupon rate of 4.75 % (16.69 % today), and was in the midst of negotiating an emergency credit line with the IMF (not austerity measures) that would have allowed the country to be lent money from the private sector at even lower interest rates.
«If state spending adheres to the 2 % growth policy through fiscal 2018, the budget office estimates that the state will produce budgetary surpluses each year,» Moody's found.
The TV spot, titled «Accessible,» touted the year - end budgetary surplus and her administration's «equal and fair treatment for every neighborhood.»
He argued that while the control board projected the county would end both 2015 and 2016 with large deficits, Nassau concluded both years with budgetary surpluses.
To the rest of the world, he was leader of a country praised for its banking regulations, mortgages rules and budgetary surpluses.
In fact, the budgetary surplus in 2016 - 17 is solely due to the annual surplus in the EI Operating Account.
The inadequate level of «risk adjustment» in the forecast seriously undermines the «credibility» of the latest fiscal update as a basis for budget planning and the ability to claim a budgetary surplus over the medium term.
For the April 2007 to March 2008 period, the budgetary surplus is estimated at $ 11.7  billion, down $ 1.2  billion from the $ 12.9 - billion surplus reported in the same period of 2006â $ «07.
As Leader of the Opposition, Mr. Harper had expressed his frustration with the Liberal Government's consistently underestimating the budgetary surplus.
The federal government posted a budgetary surplus of $ 2.8 billion in February 2018, compared to surplus of $ 1.3 billion in February 2017.
Second, even the small amount in the «cookie jar» would not exist if the Finance Department had not continued to use higher - than - required employment insurance premiums to help generate the budgetary surpluses in 2015 - 16 and 2016 - 17.
The federal government posted a budgetary surplus of $ 565 million in December 2017, compared to deficit of $ 1.3 billion in December 2016.
Our leaders may now be happy to throw out the commitment of achieving a budgetary surplus, but one of the main victims of this foolhardy goal — the incomes of our poorest families — will not be so easily restored.
Thus, Labour accepted Osborne's public spending plans and promised to produce a budgetary surplus by the end of next parliament.
She worked with the mayor to set aside a budgetary surplus, which tided the city through recessionary storms.
But he credited county employees for helping deliver «budgetary surpluses» of $ 57.1 million in 2015 and $ 80 million in 2016.
Currently, the Executive is attempting to use a budgetary surplus created from a series of one shot revenue sources and vacancy control to fund the creation of perpetual expenses in the form new jobs.