Sentences with phrase «cent of its budget in»

The biggest cuts to police and local councils «in living memory» were yesterday unveiled by ministers with some parts of the country losing almost 10 per cent of their budget in a single year.

Seventy per cent of the budget in Nigeria goes on recurrent expenditure.

The prospect that the policy could be scrapped was raised after it was revealed the Department for Education would have to save between 25 and 40 per cent of its budget in the Treasury's spending review.

Not exact matches

Personal income tax will hit a 20 - year high of 12.5 per cent of GDP by 2020 - 21 under the budget forecasts as the government relies on bracket creep and an increase in the Medicare levy to return the budget to surplus.

In a survey TD released in September, 56 per cent of respondents from across Canada were willing to exceed their budget by up to $ 50,000 to purchase a homIn a survey TD released in September, 56 per cent of respondents from across Canada were willing to exceed their budget by up to $ 50,000 to purchase a homin September, 56 per cent of respondents from across Canada were willing to exceed their budget by up to $ 50,000 to purchase a home.

The company will invest 90 per cent of its 2018 capital budget of between $ 535 million and $ 585 million in the United States, most in North Dakota Bakken light oil wells, where production is expected to grow by 30 per cent.

That was down on budgeted revenue of $ 32.2 million and largely a consequence of an 8 per cent drop in levies paid from residential construction.

We rage against out - of - control CEO pay, demand stricter corporate governance, and yet we love the dominant leader who cuts through the noise, gives us something we didn't know we wanted and creates the most valuable company in the world in an industry — consumer electronics and entertainment — that commands just two or three per cent of household budgets and GDP.

Fiscal stimulus introduced in recent provincial budgets is expected to help offset these effects by adding about 0.4 per cent to Canada's real GDP by the end of 2020.

The budget also predicted real GDP growth of 2.2 per cent in 2018 and 1.6 per cent next year.

An increase of 10 cents was assumed in the June 2011 Budget.

In this Update, the Minister of Finance again scooped the Canada Employment Insurance Financing Board (CEIFB) by announcing that the employee premium rate for 2012 would increase by 5 cents, rather than the 10 cents assumed in the June 2011 BudgeIn this Update, the Minister of Finance again scooped the Canada Employment Insurance Financing Board (CEIFB) by announcing that the employee premium rate for 2012 would increase by 5 cents, rather than the 10 cents assumed in the June 2011 Budgein the June 2011 Budget.

Again Taylor offered a cautious outlook, though it was largely ignored in stories about the «green» budget with its centre piece carbon tax that will raise the price of gas by a couple cents a litre this year.

The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).

In contrast, according to the Parliamentary Budget Officer, the provincial, territorial and local government sector does not have a sustainable fiscal structure, even though their aggregate debt - to - GDP ratio is currently under 30 per cent, but expected to rise significantly due to the impact of an ageing population on their finances.

NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.

In proposing balanced budget legislation, the Harper Government has indicated that the debt - to - GDP ratio will continue to decline below its target of 25 per cent of GDP.

The March 2011 Budget implies no increase in rates in 2015 whereas PBO assumes an increase of 10 cents as mandated under current legislation when the employment insurance account is in deficit.

In your most recent budget forecast the deficit in 2015 - 16 is forecast to be only 0.1 per cent of GDIn your most recent budget forecast the deficit in 2015 - 16 is forecast to be only 0.1 per cent of GDin 2015 - 16 is forecast to be only 0.1 per cent of GDP.

First, make sure in budget planning that the debt level averages around 30 per cent of GDP (roughly where it is now) over the next four years.

The federal government is on track to achieve its target debt - to - GDP ratio of 25 per cent by 2021, evidenced by projected surplus budgets in the very short term.

In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDIn the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDin program expenses below the rate of growth in nominal GDin nominal GDP.

Over the 10 years between budget 2006 and budget 2014, and including the PM's announcements in October 2014, the net impact of all tax measures will be almost $ 332 billion, equal to almost 17 per cent of annual GDP and almost one - half of total federal debt.

The proposed 2013 B.C. Budget would see this drop further to 17.9 per cent of GDP in 2015/16.

• budgeted capital expenditures of $ 250 million for 2012; 75 per cent to be invested in store network, with an increase in retail selling space of approximately 3.5 per cent

It also confirmed it would introduce a 3 per cent tax on company dividends, increase wealth and inheritance taxes and abolish a tax «shield» — or ceiling — for the wealthy in its effort to meet its targets of cutting the budget deficit to 4.5 per cent of gross domestic product this year and 3 per cent in 2013.

The Liberal government spends only five per cent of the province's GDP on agri - food (far below the national average of 14 per cent), cut thesuccessful Buy B.C. program, and in 2009 cut theAgriculture and Lands budget by 25.4 per cent.

59 per cent of Torontonians oppose including Land Transfer Tax increases in the city's strategy to balance its budget.

Sensitivity analysis presented in the budget shows that the budget impact of a decline of 1 per cent of real GDP would be an increase in the deficit of about $ 5 billion per year.

What is even more puzzling is that while the President of the Treasury Board claims control over spending by pointing to the decline in the Estimates of $ 10.4 billion, or 4 per cent, the June 2011 Budget shows an increase of $ 9.7 billion, or 3.6 per cent, in expenses between 2010 - 11 and 2011 - 12.

In the January 2009 Budget, the Department of Finance assumed a decline of 2.7 per cent (Table 2).

Using the change in the underlying cash balance between financial years as an approximate indicator of the fiscal impact, the Commonwealth Budget is expected to add to growth by around 1/4 per cent of GDP this financial year, compared with a contractionary effect of around 3/4 per cent in 2002/03 (Graph 32).

Fiscal policy has become more expansionary over the past year, with the recent fiscal package contributing to an estimated federal budget deficit of just over 4 per cent of GDP this year, up from around 1 1/2 per cent in 2002.

The underlying Commonwealth Budget deficit has fallen from a peak of over 4 per cent of GDP in 1992/93 to an estimated 1.7 per cent of GDP in 1996/97 (estimated as at the Mid-Year Review published in January)(Table 3).

One would hardly realize that the problem facing U.S. industrial employment is that wage earners must earn enough to pay for the most expensive housing in the world (the FDIC is trying to limit mortgages to absorb just 32 per cent of the borrower's budget), the most expensive medical care and Social Security in the world (12.4 per cent FICA withholding), high personal debt levels owed to banks and rapacious credit - card companies (about 15 per cent) and a tax shift off property and the higher wealth brackets onto labor income and consumer goods (another 15 per cent or so).

In the October 2013 Speech from the Throne, Prime Minister Harper announced that the government would extend the freeze on departmental operating budgets, once again committed the government to eliminating the deficit by 2015 - 16 and to reducing the debt - to - GDP ratio to 25 per cent by 2021, both of which are easily achievable.

In his recent budget speech, the Finance Minister pointed out that 40 per cent of our villages do not have proper roads, that 1.8 lakh villages do not have primary schools, that 4.5 lakh villages have drinking water and sanitation problems, that there is a shortage of 140 lakh rural dwellings.

thought the story was good but 40 cents a day, when right here we have people who can't get those drugs because of a waiting list of more than 7000 people because the goverment didn't put enough in the budget for the drugs.

A recent report from Mintel found that 47 per cent of free - from shoppers in the UK spend less on these products when budgets are tight but with Lidl's permanent range, customers will now be able to carry on buying their favourite free - from foods whatever the budget.

This has seen a 150 per cent increase in marketing budgets across Asia, the roll - out of China specific packaging for gift boxes and the ramping up of promotions.

If the food security budget were to double by 2016, and the aid program increased to 50 cents in every 100 dollars of government income as both major parties had committed to do, food security would be around 11 % of the aid budget.

For the third time in the last 18 months, the Midlothian Park District will ask for a 25 - cent increase for each $ 100 of equalized assessed property valuation so that it can boost its strained operating budget.

As has been the case in Graphs 2 and 3, the majority of MPs fall within the 90 - 100 per cent band, making it difficult to single out individual high - spenders (barring a small number of MPs who overspent on their budgets).

Many of the budget savings will come in the form of cuts to back office functions like finance, human resources and informational technology, but cuts of over ten per cent have also been reported for front - line services like libraries and leisure centres.

COCOBOD, over the past three years, awarded cocoa road contracts to the tune of GH cents 5.1 billion against a budget of GH cents 1.6 billion, resulting in excess budget of GH cents 3.5 billion.

In his Budget statement of March 2012, Chancellor George Osborne, confirmed that there would be no changes to the duty rates set out by his predecessor; therefore rates would continue to rise by two per cent above the rate of inflation.

«Most importantly, Nigeria is presently servicing debt with about 25 per cent of its annual budget and what will happen to the economy in 2017, when the country will begin to service the additional debt to be incurred this year is better imagined than experienced.

Today's deal is expected to call for a cut in the overall EU budget, with a cut in funding to the new member states of up to ten per cent and a corresponding cut - believed to be between 12 and 15 per cent - in Britain's # 3.5 billion rebate.

This IFS research puts the Budget's regressive impact beyond doubt: the poorest will be hit more than many of the richest in cash terms let alone as a percentage; poor and middle income families with children lose out more than any other household types and the very poorest families with children lose more than any other groups — with 5 per cent of their total income being cut.

In opposition, the Tories talked about using an 80:20 ratio and came clean in the Budget about how the 20 per cent of taxes are going to be raiseIn opposition, the Tories talked about using an 80:20 ratio and came clean in the Budget about how the 20 per cent of taxes are going to be raisein the Budget about how the 20 per cent of taxes are going to be raised.