Sentences with phrase «economic prudence»

"Economic prudence" refers to being careful and wise with one's financial decisions and resources. It involves making responsible choices to effectively manage and save money, avoiding unnecessary expenses or risks, and prioritizing long-term economic stability and growth. Full definition
Technology combined with some smart planning can be a huge help in this search for economic prudence.
In the 2006 Budget, the Contingency Reserve and explicit economic prudence were eliminated.
Contingency reserves and economic prudence reserves were included in the budget forecasts to ensure that the deficit target would never be missed.
In his 2016 Budget, Mr. Morneau included, what most financial commentators called, excessive economic prudence in his budget forecasts.
It is not economic prudence to save money now, it is folly!.
Subsequently, a risk adjustment factor was included in various forms (economic prudence and a contingency reserve) in every budget until the first Conservative budget in 2006, at which time both the economic prudence and the contingency reserve were eliminated.
This will inevitably eat up some, if not most, of the economic prudence and put the deficit targets for 2017 - 18 and beyond at risk.
At that time, a second adjustment for «economic prudence» was made to the budget forecast.
In contrast, the economic prudence, if not required, could be used to finance new initiatives.
We commit to doing all we can to reduce the sources of climate change risk, but we need to balance a commitment to social wellbeing, economic prudence and environmental protection.
It is respectfully submitted that VIA can not provide any information as to the economic prudence of the purchase of the Nightstock equipment because this contract was never tendered to other producers of rolling stock.
The Nobel Laureate, Prof James Heckman, confirms not only the social desirability but also the economic prudence of an investment programme, in young children and their families.
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