Sentences with phrase «debt charge forecasts»
The explanation provided was that as a «result of accounting changes due to the Jobs and Economic Action Plan, public debt charge forecasts from the Federal Budget are no longer a reasonable estimate of cash - basis expenditures for reporting in the Estimates» [5].
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The result for the six months to March 31 was slightly ahead of consensus forecasts, on the back of a lower charge for bad debts, as credit conditions remained highly favourable.
The higher - than - expected deficit forecast in 2014 - 15 and lower - than - forecast surpluses thereafter primarily result from lower personal income taxes and EI premium revenues and higher public debt charges, offset somewhat by higher - than - forecast corporate income tax revenues and lower EI benefits.
The decline in public debt charges for the first quarter is also well above that forecast for the year as a whole.
The net impact of the slightly more positive economic forecast is to lower the deficit by $ 0.9 billion in 2010 - 11 from their November 2010 Update, primarily due to the impact of lower - than - forecast interest rates on public debt charges.
Based on the financial results for the first seven months of 2016 - 17, public debt charges could be as much as $ 1 billion lower than forecast in the Update, while direct program expenses could be at least $ 2 billion lower.
Based on the financial results for the first nine months of 2016 - 17, public debt charges could be as much as $ 1 billion lower than forecast in the Update, while direct program expenses could be at least $ 2 billion lower.
Public debt charges are expected to be about $ 0.4 billion lower than that forecast in the FES.
The interest rate forecasts primarily affect public debt charges.
As a result, the IFSD deficit forecast appears to be grossly overstated, given its assumptions with respect to PIT revenues and direct program expenses and the resulting impact on public debt charges.
Budgetary revenues are expected to be $ 5.0 billion higher than forecast in the April 2017 Budget, program expenses $ 3.1 billion higher and public debt charges $ 0.4 billion lower.
This coupled with higher interest rates resulted in public debt charges being nearly $ 125 billion higher in 2050 - 51 than forecast in the November 2014 report.