Sentences with phrase «fiscal retrenchment»
"Fiscal retrenchment" refers to the act of cutting back or reducing government spending. It is a strategy used to control budget deficits and reduce overall expenditure in order to achieve financial stability. Full definition
At a time of fiscal retrenchment in the West, the chance of that pledge being met in the form of additional development assistance is approximately zero.
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Taking into account the extent of federal fiscal retrenchment over the past year, the Committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program as consistent with growing underlying strength in the broader economy.
However the prospect of ten years of fiscal retrenchment in some countries means they now know they will be poorer than their parents.
«Taking into account the extent of federal fiscal retrenchment over the past year, the committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program as consistent with growing underlying strength in the broader economy,» the Federal Open Market Committee says.
Taking into account the extent of federal fiscal retrenchment since the inception of its current asset purchase program, the Committee sees the improvement in economic activity and labor market conditions over that period as consistent with growing underlying strength in the broader economy.
«I will not accept a new wave of fiscal retrenchment without asking people at the top to make an additional contribution.
It's caused a slump in business confidence — the real risk is of deflation caused by sudden fiscal retrenchment.
We are right to get this tough fiscal retrenchment out of the way now.
The Lib Dem leader commends the examples of the Liberals in Canada, Social Democrats in Sweden and Bill Clinton's presidency in America as examples of progressive governments which have implemented fiscal retrenchment.
Taking into account the extent of federal fiscal retrenchment since the inception of its current asset purchase program, the Committee continues to see the improvement in economic activity and labor market conditions over that period as consistent with growing underlying strength in the broader economy.
He points to a stronger dollar, fiscal retrenchment in the European Union, improving equity market confidence, and an exit strategy from the Federal Reserve forecasting a federal funds rate hike well before late 2014 as significant factors driving gold lower.
Taking into account the extent of federal fiscal retrenchment, the Committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program a year ago as consistent with growing underlying strength in the broader economy.
Fiscal retrenchment will be the greatest stress test of the resilience and sincerity of the coalition.
On the progressive side of politics, there is an assumption that fiscal retrenchment is, by definition, a regressive and right - wing activity.
Fitch ratings agency added to the gloomy scenario: «The reality of the fiscal retrenchment to which many European governments are now committed poses downside risk to already anaemic growth forecasts, and reduces the visibility of corporate revenues and cash generation.