Sentences with phrase «deficit by issuing bonds»
On Monday, Rockland County sent a delegation to Albany to ask for the authority to close its widening budget deficit by issuing bonds backed by a sales tax increase.
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Capital Markets Fixed Income Saudi Arabia has issued its first sovereign bonds since 2007 to help fund a widening budget deficit caused by continued spending amid low oil prices.
We have: • normalized the domestic yield curve • issued the country's maiden 15 - year bond in April 2017 • improved external balances, driven by higher export earnings and lower imports • improved gross international reserves to US$ 7.2 billion, equivalent to 4.1 months of imports cover • improved primarybalanceto0.3 percent surplus in September 2017 against a deficit of 1.6 percent in September 2016 • received positive sovereign rating reviews from international ratings Agencies: Fitch, B / stable; Standard & Poor, B - / positive • successfully completed the 4th IMF / ECF program review, and • achieved positive developments in the oil & gas sector — favorable ITLOS ruling, and Sankofa producing 1st oil three months ahead of schedule.
The deficit amount has been certified by the state comptroller, paving the way for the town to issue long - term bonds to raise money.
If approved by the Governor, Rockland County will be permitted to issue a deficit bond to be repaid over 10 years to eliminate the County's deficit.
For one, he vowed to veto any budget that includes deficit financing — singling out both Lt. Gov. Richard Ravitch's borrowing scheme and a gimmick fronted by Senate Democratic leader John Sampson to refinance bonds issued in anticipation of income from the state's tobacco - lawsuit settlement.
One of the ballot issues defeated was a request by school officials for authority to issue $ 160 million in bonds to cover the district's current - year deficit, which represents about 23 percent of its annual budget.
First, the supply of bonds issued by the Treasury is increasing due to larger government deficits resulting from policy changes.