Sentences with phrase «fiscal action»

Additional fiscal action need not violate the government's commitment to eliminate the deficit over the medium term.

Additional fiscal action would not mean a second stimulus package.

Despite some significant fiscal actions in the budget, they were seen as «inadequate» in resolving the fiscal crisis.

In fact most major fiscal actions have been taken without consultation.

However, here too, the Liberal government felt there was no other option at the time, but to take significant and credible fiscal action to address the financial crisis.

In fact, in the past most major fiscal actions have been taken without consultation.

The growth problem is a medium - term problem not a short - term problem and additional fiscal action would be medium term not short term.

This demonization of deficits and debt, and the scare mongering that goes with it, may simply be a legacy of the growing debt burden in the 1970s and 1980s, and the tough fiscal actions needed in the mid 1990s to fix the problem.

In Europe the debate on fiscal action is resolved, and now Obama will take the US in that direction too.

In fact, there was more fiscal action taken in the 2013 Economic and Fiscal Update than in the 2013 budget.

It seems likely that a significant widening of the deficit — which would make the needed fiscal actions even more difficult and painful — would worsen rather than improve the prospects for a comprehensive fiscal solution.

Nor can they claim that growth in second half of the year will be stronger than forecast because of the October fiscal actions since the effects of these measures were already included in the budget forecast.

The federal government clearly has a fiscal situation that would allow new fiscal actions, without jeopardizing fiscal sustainability.

As we stated in an earlier commentary, this is not an overly ambitious target as both the Department of Finance and the Parliamentary Budget Officer have indicated that this target would be reached without taking any further fiscal action.

The 2011 - 12 deficit of $ 26.2 billion is only 1.5 per cent of GDP and there is plenty of fiscal room to take appropriate fiscal action.

The most important fiscal action taken by the Conservative government after being elected in 2006 was to cut the GST by two points.

The logical and practical thing for any government to have done would have been to «boast» of a balanced budget in 2014 - 15, one year earlier than promised; accept that the unexpected decline in oil prices will have a small and transitory impact on the deficit; «boast» that because of the strong fiscal actions the government has implemented since 2012, the government's debt burden will fall to historically low levels.

Indeed Canada is used as an example of a country, which took tough fiscal actions when necessary, without legislative fiscal rules.

The Governor had a 61 percent job approval rating in public polls after his initial fiscal actions in 2003, although his approval rating subsequently declined, [221] driven in part by his frequent out - of - state travel.

Despite entering the crisis with a low level of public debt — roughly 40 % of GDP — and a moderate deficit compared to many European nations, the UK's ability to take discretionary fiscal action was limited by the burden of bank bail - outs on public finances.

From December to March, Cuomo takes bold fiscal actions (tax - hike legerdemain, spending cuts, Tier VI pension reform, delivering on - time state budget, etc..)

Rather than burying your cash in the backyard or stuffing it into your mattress as your preferred method of personal finance management, use a bank or financial institution's services for your next fiscal action.

Apparently the Czech leader told Brown yesterday their views are starting to align, especially on fiscal action.

Economists and financial experts warned that the government's fiscal situation was out of control and that without major fiscal action the deficit would continue to rise, as would debt and the debt burden.

Although the Minister of Finance may use rosy economic projections to show a surplus by 2015 - 16, we, along with others (the International Monetary Fund and the Parliamentary Budget Officer), believe that additional fiscal actions, ranging from $ 5 to $ 11 billion will be required by 2015 - 16.

In retrospect, the Mulroney government was simply reluctant to take the fiscal actions needed to stop the country from going into a fiscal crisis in the early 1990s.

«I believe the indication president Obama has given that he is going to take the fiscal action we have taken, shows the world can deal with this problem.