Sentences with phrase «fiscal position in»

[U] se cheap funds to raise future wealth and so improve the fiscal position in the long run.

Speaking about the fiscal position in the US, Mr Bernanke said: «Near - term challenges must not be allowed to hinder timely consideration of the steps needed to address fiscal imbalances.

Interest rates in the US were reduced to historically low levels during 2001, while discretionary tax cuts and government spending increases (along with the automatic stabilisers) have shifted the fiscal position in a markedly expansionary direction.

Not exact matches

WASHINGTON, Oct 9 - A top Senate Democrat on Tuesday called for scrapping a venerated U. S. tax r eform model in re marks t hat hardened his party's negotiating position ah ead of talks set to gain momentum soon on the so - called «fiscal cliff».

S. tax r eform model in re marks t hat hardened his party's negotiating position ah ead of talks set to gain momentum soon on the so - called «fiscal cliff».

«You know I think the way we deal with the tax bill is by being honest about it, saying across time the very significant tax reductions for groups and parts of our economy that really weren't needed will hurt the fiscal condition of the country and put us in a bad position as it relates to other priorities we have,» Delaney said.

Over the last few weeks the world has watched as Deutsche Bank has struggled to convince investors and the public that it is in a sound fiscal position.

As a consequence, the government's fiscal and debt position is no longer commensurate with a rating in the A range or even at the top of the Baa range.

«The authorities are in a position to prevent systemic defaults,» said Fitch, including using the last resort of bailing out the LGFVs using fiscal resources.

«We entered fiscal 2013 in a position of strength enabling us to focus on the year's No. 1 operational priority which is the successful integration of Logica.»

It also predicts that its fiscal position has improved, in terms of both deficit and debt.

(CEO Alain Bellemare has instead emphasized the company's improved fiscal position the past few months, in effect pointing out Bombardier is not quite as needy as it once was.)

«Furthermore,» he added, «because of the province's current fiscal situation, we are not in a position to provide the requested financial support at this time.»

Penney, looking to steady its finances after reporting a loss of $ 116 million in its last fiscal year, also announced it was eliminating 130 positions at its headquarters in Plano, Texas, just the latest round of layoffs in recent years, as well as cutting 230 jobs at the store and regional level.

As noted by Camilla Sutton, a Scotia Capital currency strategist, the dollar is likely to resume a depreciatory trend because «its fiscal position is weak and, worse, there is only a limited plan in place to improve it.»

«Our government is committed to balancing the budget in 2015 — period,» he said, adding that «maintaining a sound fiscal position» is the most important thing this government, or any, can do to help the economy.

They expected the province's fiscal position to improve through the divestiture of a corporation laden with $ 4.5 billion in debt, and saw a solution to high power costs that hinder New Brunswick's competitiveness.

While the country has very little debt and relatively huge fiscal exchange reserves, the drop in oil represents a huge change in Saudi Arabia's fiscal position.

But, taking a longer - term perspective, some countries, especially in Europe, have had fiscal positions that were quite vulnerable to a shock to confidence for some time now.

According to the Parliamentary Budget Officer's latest fiscal sustainability report, the total government sector will still be in a net debt position by 2021.

Based on the Board's consideration of Ms. Mayer's position as an officer of Google for a portion of fiscal 2013, the fact that Ms. Mayer was not involved in any transaction between Walmart and Google, and other factors mentioned above, the Board determined that Ms. Mayer's interest in Google did not give rise to a material relationship that would impair Ms. Mayer's independence.

So while we are starting from a reasonable economic base, a strong fiscal position and a high quality of life, we can not be complacent, because we are losing ground in an increasingly competitive world.

There is also no doubt that without these tax cuts the government would have been in a much better fiscal position to deal with the 2009 - 2010 recession; that any resulting deficit, would have been eliminated much earlier than 2015 - 16, and without the need for draconian cuts in federal programs and services.

Mr. Page never expected to be the Parliamentary Budget Officer, nor had he actively sought the position He had worked in several federal departments, including the Department of Finance in the Economic Analysis and Fiscal Forecasting Branch and in the Privy Council Office as Deputy Head of the Planning and Priorities Division.

This new economic growth would in turn improve the fiscal position of the federal government.

In our Specialty Restaurant Group, same - restaurant sales growth at each brand was strong in fiscal 2013 — 2012 rather, and that speaks to really the good competitive position that each of those brands have, and it also speaks to the fact that each has a guest base that's just better insulated from the macroeconomic sluggishness that we've seeIn our Specialty Restaurant Group, same - restaurant sales growth at each brand was strong in fiscal 2013 — 2012 rather, and that speaks to really the good competitive position that each of those brands have, and it also speaks to the fact that each has a guest base that's just better insulated from the macroeconomic sluggishness that we've seein fiscal 2013 — 2012 rather, and that speaks to really the good competitive position that each of those brands have, and it also speaks to the fact that each has a guest base that's just better insulated from the macroeconomic sluggishness that we've seen.

Our plan ensures that the government of Canada remains in a sustainable fiscal position.

We believe that Specialty Restaurant Group is well positioned to continue building on this momentum in fiscal 2013.

The Mid-Year Economic and Fiscal Outlook (MYEFO) for 2004/05, released in December, provided a further update of the Australian Government budget position from the Pre-Election Economic and Fiscal Outlook (PEFO) in September.

The slump in oil prices has benefited other Middle Eastern countries, notably Lebanon and Jordan, which saw their fiscal positions improve, pushing inflation into negative territory.

That, in turn, has dealt a blow to the national government's fiscal position.

«Lower oil prices strain the fiscal positions of fuel exporters and weigh on their growth prospects, while supporting household demand and lowering business energy costs in importers, especially in advanced economies, where price declines are fully passed on to end users,» according to the IMF.

«Comfortable fiscal and external positions permit most GCC countries to maintain fiscal stimulus in 2010 and into 2011 if necessary,» Lipsky told a meeting of GCC finance ministers and central bank governors in Kuwait in November.

PBO analysis suggests if the Finance (private sector) projections turn out as planned, the government will be back to structural surplus by 2015 and will be in a positive long term fiscal gap position (declining net debt relative to GDP in face of aging aging demographics).

With its AAA credit rating, B.C. is in the strongest fiscal position of any Canadian province.

 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).

In this position, Ignacio looked after spirit drinks and food policy, market access and fiscal discrimination within the EU, environment issues and illicit trade.

Are you in a position to handle the fiscal challenges of a new baby and everything that comes along with that position?

«The Comptroller's report is certainly correct that the state's fiscal position is much improved, but it ignores key facts — most notably that state debt has declined for four consecutive years for the first time in more than 50 years and our debt affordability ratio is at its lowest level since the 1960s,» said DOB spokesman Morris Peters.

Despite it's disastrous track - record of macro-economic management, epitomised by the Lawson boom in the late 1980s and George Osbourne's ill - timed retrenchment since 2010, the Conservatives have consistently positioned themselves as the party of fiscal discipline and economic competence, as well as the party of entrepreneurship and material affluence.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

Its fiscal position has deteriorated since the beginning of the Arab Spring; hosting 500,000 refugees has already cost Jordan over $ 800 million since the Syrian war began, and unrest across the Arab world, particularly in neighboring Syria, has cost Jordan's economy as much as $ 4 billion.

The reality is that coping with inescapable fiscal constraints is a necessary precondition to being in a position to shape the next stage of capitalism.

France: Hollande's message of fiscal responsibility must promise progress Having embraced a degree of fiscal conservatism, the Socialists are nonetheless wary of it becoming a dogmatic position or an end in itself.

Staff salaries constitute a significant portion of the annual city budget, and until we see the Mayor's proposed budget for the coming fiscal year, it would prudent to delay filling any vacant positions,» said Council President Khader in a statement.

As Ranking Member on the Assembly Ways and Means Committee, I have a unique position from which to fight for fiscal restraint in Albany — a position that would be lost to Western New York if I were engaged in campaigning for another office.»

«While some of our members have differed in the past on some of the specific issues in the New NY Agenda, the Executive Committee unanimously takes this position because we understand and accept Andrew's point that this is a pivotal moment in the history of this state, similar to the 1975 New York City fiscal crisis, when leaders in the labor, civic, business and political arena must put aside their individual agendas for the good of the entire state.»

Campaign spokesman Josh Hills said, «These endorsements are coming after both candidates have had the opportunity to personally sell their candidacy to these committees, and in almost every case they are seeing Steve Levy as the candidate with the better fiscal record, the better plan to save New York, and in the best position from an experience and financial perspective to beat Andrew Cuomo.

Even if all of George Osborne's proposals for further cutbacks between 2014 and 2017 were fully implemented, the total percentage point drop in expenditure would rank the current fiscal squeeze in fifth position out of the eight shown in the table.

Another issue is some of Cuomo's center - to - center - right policy talk on fiscal issues - although he had progressive points at other turns in his speech at the convention and in his 240 - page policy position book.