Sentences with phrase «fiscal stability of»

The weight of evidence shows that the fiscal stability of emerging market countries dramatically improved over the last 15 years.
«Wages that our employees deserve... and in a way that protects the commuter, as well as the long - term fiscal stability of the MTA.»
That's five consecutive years of sound fiscal stewardship and strong management oversight that ensures the fiscal stability of this county and allows us to look at the needs of our communities and our region from a position of strength.
The Citizens» Budget Review Commission shall be established to assist and advise the Erie County Legislature in the oversight of the County's budget and to monitor county finances, ensure the long - term fiscal stability of Erie County, prevent the concealment of county deficits, and to help provide the Legislature with enough time and information to respond to budgetary problems.
Before Cuomo's speech, Silver announced his support for a property tax cap and stressed the need for Democrats and Republicans to «work hand - in - hand to resolve our immediate fiscal challenges and build the long - term fiscal stability of our state.»
These currencies are backed by fiscal stability of the issuing government.

Not exact matches

Is it still reasonable to assume that monetary policy should simply react to fiscal policy, even if the choices of politicians make the inflation and financial stability goals of central banks more difficult to achieve?
If all goes well in the European Union, sensible monetary and fiscal policies should eventually reduce global anxieties related to the stability of sovereign debt among certain EU nations.
Among the things that may have contributed to future sentiments are uncertainty about the country's fiscal stability, taxes, and consumer spending, all of which could severely impact small business owners, Bernstein says.
B.C.'s relative fiscal stability affords Clark and her government the opportunity to spend their time pursuing their chosen agenda rather than satisfying the needs of the bond market.
After a decade of relative fiscal stability, it suffered a gaping shortfall in 2008 — 09.
This paper investigates the significance of the mix of monetary and fiscal policies for financial stability through counterfactual simulations of three key historical episodes, using the Bank's main policy model, ToTEM (Terms - of - Trade Economic Model).
In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability.
But it cautions policymakers to be aware of the fiscal costs and implications for financial stability of credit - supporting policies.
While price level or nominal GDP targeting by monetary authorities are options, fiscal and other policies must also take on some of the burden to help sustain economic growth and stability.
«Among the characteristics needed to join the elite group are stable macroeconomic policies,» says Kate Phylaktis, director of the Emerging Markets Group at Cass Business School, City University of London, adding «prudent fiscal policy, low inflation and a stable currency, political stability, good - quality institutions, good infrastructure (especially transport) and above all, education.»
The total government debt - to - GDP ratio of 65 % should not pose fiscal stability problems given India's relatively high growth rate.
Nonetheless, the Committee continues to anticipate that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus, and market forces will contribute to a gradual resumption of sustainable economic growth in a context of price stability.
The fact is that over the past decade, the EURO countries have not been willing to take policy actions to ensure the stability of the EURO, because they involved issues related to sovereignty and fiscal integration: two areas where there were opposing entrenched views.
In its economic orientation it is close to the neo-liberal orthodoxy, with priorities such as monetary stability, public deficit control and fiscal concessions to the orders of capital.
The strains of publishing for a market that is relatively small and difficult to reach show in the new priority placed on fiscal stability.
governments can bring stability and predictability to this environment by using a series of monetary and fiscal levers in a strategic manner but its pointless going in to those details given your even more IDIOTIC comparison between the french and uk economies... is that sufficiently polite
Whether it's a straightforward bequest, trust, annuity, or an arrangement made through your IRA, planned gifts of all sizes support Chicago Children's Museum's long - term fiscal stability and often provide financial benefits to you as well.
Mr. Speaker, inflation continued to declinein 2017mainly on account of exchange rate stability, tight monetary policy and fiscal consolidation.
Mr. Speaker, based on our policy objective of ensuring macroeconomic stability, and growing the economy for job creation, whilst protecting social spending, the following macroeconomic targets are set for the 2018 fiscal year: • Overall GDP growth rate of 6.8 percent; • Non-oil GDP growth rate of 5.4 percent; • End period inflation rate of 8.9 percent; • Average inflation rate of 9.8 percent; • Fiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and sefiscal year: • Overall GDP growth rate of 6.8 percent; • Non-oil GDP growth rate of 5.4 percent; • End period inflation rate of 8.9 percent; • Average inflation rate of 9.8 percent; • Fiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and seFiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and services
«The question that we should ask is how can you inherit a budget deficit of 9.3 % of GDP, proceed to reduce taxes, bring down inflation, bring down interest rates, increase economic growth (from 3.6 % to 7.9 %), increase your international reserves, maintain relative exchange rate stability, reduce the debt to GDP ratio and the rate of debt accumulation, pay almost half of arrears inherited, stay current on obligations to statutory funds, restore teacher and nursing training allowances, double the capitation grant, implement free senior high school education and yet still be able to reduce the fiscal deficit from 9.3 % to an estimated 5.6 % of GDP?
US News lists it 34th among the states for economic growth, 38th for fiscal stability, 23rd for education, 37th for quality of life and 43rd for opportunity.
In a forthcoming report from New York University's Rudin Center for Transportation Policy and Management by Eric Kober entitled «Uses and Abuses of Value Capture for Transit,» Kober writes that the first, similar iteration of the proposal «diverts New York City's largest and most stable tax source in a manner that could affect the City's fiscal stability
Following a few years of relative fiscal stability thanks to the economic recovery and bank settlements following the financial collapse, New York is staring down a budget deficit of more than $ 4 billion, an amount that could be grow because of cuts in federal health care spending and the tax overhaul.
He argues that if Balls is to vote for the fiscal rules set out in Osborne's new code on fiscal stability, the shadow chancellor will have to give details of the big tax increases he will have to impose to get the current account into balance.
Finally, we strongly oppose any temporary increase in, or surcharge on, any of our broad based taxes without a prior commitment to significant spending restraint and other fiscal reforms to provide long term stability, and affordability, to the state's budget.
It runs annual deficits in the hundreds of millions of dollars each year, despite a series of measures under the de Blasio administration to restore fiscal stability.
He said the country was experiencing some level of stability which was underpinned by the exchange rate stability and sustained fiscal consolidation as a result of the International Monetary Fund programme the Government had signed on to.
Cuomo said his first goal is to restore «fiscal stability» to New York, while his second is to «regain the state's crown as the progressive capital of this nation.»
The Fiscal Times put out a list of America's large cities ranked by their fiscal stability — and New York came in ahead of only troubled ChFiscal Times put out a list of America's large cities ranked by their fiscal stability — and New York came in ahead of only troubled Chfiscal stability — and New York came in ahead of only troubled Chicago.
«The rock upon which the stability of the British economy stands is our credible fiscal plan,» Mr Osborne told the Today programme.
The second rule gives the Chancellor a target with a fixed date, but because it is not about the level or trajectory of public debt, but only about its immediate movement, it could be met in all kinds of ways, shifting borrowing from one year to another, far from relevant or sensible for ongoing fiscal stability.
It's a national security issue — Ken Ofori - Atta 10:42 We are confident these priorities will not only provide jobs but will improve the security of Ghanaians — Ken Ofori - Atta 10:41 Our job creation agenda will be driven by investment in human capital — Ken Ofori - Atta 10:40 The broad agenda for next year is to translate the stability into shared growth - Ken Ofori - Atta 10:33 We have restored macro stability and renewed confidence in the economy — Ken Ofori - Atta 10:32 We have achieved in one year, what seemed impossible to achieve in eight years — Ken Ofori - Atta 10:31 We have provided stable electricity supply — Ken Ofori - Atta 10:31 I am glad to report that we are on course to end the year with the fiscal deficit of 6.5 % — Ken Ofori - Atta 10:30 We are happy to note that our policies are yielding results that have brought back smiles to several Ghanaians — Ken Ofori Atta 10:29 We resolve to be fiscally discipline — Ken Ofori Atta 10:29 I'm happy to note that we have turned the economy around — Ken Ofori Atta 10:28 When I presented the budget in March, I indicated our commitment to take strategic steps to fix the challenges facing the economy and restore hope to Ghanaians — Ken Ofori Atta 10:25 I thank the august House for all the support that has brought us so far — Ken Ofori Atta 10:24 Speaker of Parliament invites the Finance Minister to present the 2018 budget
The «Stephanie» in question is, of course, the infamous mayor of Syracuse — Stephanie Miner — who has been publicly clashing (she prefers «disagreeing») with the governor's plan to let cash - strapped municipalities like hers borrow against future Tier VI savings to help provide themselves some fiscal stability in the short term.
Achieving state fiscal stability is an essential foundation for everything all of us hope to accomplish.
«In the past few days, leaders of all three of the main political parties have emphasised their commitment to restoring fiscal stability in the national interest.
This is a personal and self justifying account of the recent financial crash as well as the crucial role, in his opinion, he played in re-establishing fiscal stability.
«I want to run for controller so I can be involved in enforcing the level of fiscal discipline and stability that I've worked so hard to create with my colleagues and the governor,» he told the Los Angeles Times.
During that time he worked to root out waste, fraud and abuse of the taxpayers» dollars while creating a more efficient Comptroller's Office and restoring fiscal stability to Erie County's government.
Plainedge's board president, Catherine Flanagan, and its superintendent, Edward Salina, said in a 20 - page response letter that their budgeting focused on maintaining the district's long - range fiscal stability as well as the quality of its academic programs.
Both men are unbudgeable fiscal conservatives: it is easy to forget that they were insisting in 2006 that economic stability must always come before tax cuts, long before the mad growth of Labour's deficit transformed the task awaiting them in office.
If school revenues have enjoyed such remarkable stability, why the persistent appearance of fiscal calamity?
The 2009 ARRA stimulus package may portend an entirely new source of fiscal stability for America's schools.
He is credited with restoring fiscal stability to the district, which now has a $ 20 million reserve, about 5 percent of its general operating fund.
With rare exceptions, the state is where the retirement system was designed, where the rules for how it would be funded and governed were established, where actuarial projections of fiscal stability were made honestly or shaded for shortterm advantage, where employer and employee contribution rates were set, and where benefit levels were established and retirement eligibility policies fashioned.
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