Sentences with phrase «fiscal position of»

Since the crisis, the deteriorating fiscal position of many countries has helped solve that problem.

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

According to the Parliamentary Budget Office, the long - run fiscal position of the federal government is not bad at all.

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

«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.

Not exact matches

Low sovereign bond yields have long helped the government finance its debt, thus, higher yields would undermine the sustainability of its fiscal position, analysts said.

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».

Two Democratic Senate aides said the speech was an attempt by Democrats to harden their position ahead of «fiscal cliff» negotiations set to get under way after the Nov. 6 elections.

«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.

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.»

Canada's fiscal position is the envy of the developed world.

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

President Obama quickly made his position clear: Congress must raise taxes on Americans earning more than $ 200,000 a year as part of any compromise to keep the U.S. from going over the fiscal cliff.

«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.

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.

Although the party positions itself as the best fiscal manager, one of the province's biggest Crown corporations, BC Hydro, is plagued by debt and mismanagement.

Improving the U.S. fiscal position is the most effective means we have available to reduce our vulnerability during this prolonged period of adjustment.

Yet deteriorating fiscal positions at all levels of government create a new set of challenges.

Perhaps the best medium - term measure of a country's fiscal position is the ratio of government debt to GDP.

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.

A recent Department of Finance report (1) showed that the federal government's fiscal position is sustainable and that the federal debt - to - GDP ratio would fall to about 24 per cent by 2020 - 21.

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.

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.

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 seen.

We believe this advantaged position over Google, the company's only real competitor, justifies our forecasts for revenue and EPS (earnings per share) growth of 25 % and 44 % respectively for FY (fiscal year) 2015.

A new Liberal government will release a fall Economic and Fiscal Update so that Canadians can get a more accurate picture of the federal government's revised position since April.

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

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.

Fiscal Space (40 %) assesses whether a country is on a fiscally sustainable path, while External Finance Position (20 %) examines how leveraged a country might be to macroeconomic trade and policy shocks outside of its control.

This plan consists of maintaining «a strong fiscal position» and a «low - tax plan for jobs and growth».

Granted, Australia's fiscal position is comparatively moderate among the majority of larger developed economies.

While originally many lawmakers wanted to use the gains from growth to improve the nation's precarious fiscal position, that has shifted to a goal of tax reform that doesn't add to the debt after accounting for growth.

«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).

 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).

As such we factor these impacts into our analysis of an issuer's economy, fiscal position, and capital infrastructure, as well as management's ability to marshal resources and implement strategies to drive recovery.

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

«The combination of effective budget management and adherence to the 2 percent spending benchmark is expected to further improve the State's fiscal position,» the report found.

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.

«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.»

MEPs from across the continent were critical of Britain's decision to exclude itself from the fiscal integration measures, after European Commission president Jose Manuel Barroso said Mr Cameron's negotiating position made compromise «impossible».