Sentences with phrase «deficit spending accounting»

Additionally, the country's budget includes deficit spending accounting for 3.

Not exact matches

A widening U.S. current account deficit and greater spending increase the greenback's supply over time, said Marc Franklin of Conning Asia Pacific.

Instead, we should have been financing our budget deficits by having our central banks (or the ECB) simply create the money and credit it to the various governments» spending accounts — that is, by using helicopter money..

Because capital exports are just the obverse of a current account surplus, this meant that after spending much of the 1990s in deficit, Germany's excess production, caused not by a surge in production but rather a decline in consumption, was resolved by the country's running a current account surplus.

But after the Korean War broke out, U.S. overseas military spending accounted for the entire payments deficit during the 1950s and «60s and early «70s, while private - sector trade and investment were exactly in balance.

In this edition of Graphic Intelligence we see how, restated to its true value in accordance to commonly accepted accounting standards, the Ontario baseline deficit in the upcoming 2018/2019 fiscal year would be about $ 7 billion, growing to a projected $ 10 billion in four years — and this before any new spending in the 2018 budget.

«In the short to medium term, Angola may have to struggle with a weakening current - account deficit, lower fiscal revenue and likely cuts in government spending,» says Abiola Rasaq, head of research and strategy at Lagos - based financial institution Associated Discount House.

The robust pace of spending by US households and businesses saw the current account deficit widen further in the December quarter, reaching 6.3 per cent of GDP.

Why should a country that has a current account deficit of $ 9.5 trillion be spending money on other countries» water problems when we are so seriously neglecting our own infrastructure?

Mr Osborne has given an interview to the FT (of which there is more inside the paper here) in which he asserts that Labour's projected 1.1 % annual increase in public spending between 2011 and 2014 is «unsustainable» and that it will be spending cuts rather than tax rises which account for reducing the the fiscal deficit:

Cuomo's budget division says it will cover most of the $ 3.5 billion deficit with unspecified cuts (and some accounting gimmicks, no doubt, like re-classifying certain spending programs) that hold operating spending growth to 2 percent.

In its most recent forecast, the Bank of Canada predicted the economy would grow by 1.4 per cent this year, but that did not account for the new spending in the budget, which forecasts a deficit this year of nearly $ 30 billion.

Fergusson's book is a pretty horrific account of the hyper - inflationary spiral in Weimar Germany, brought on by deficit spending and the wholesale printing of money.