Sentences with phrase «fiscal surplus»
"Fiscal surplus" refers to a situation where a government or organization has more money or revenue than it spends on expenses or commitments. It means they have extra funds left over after covering all their expenses. Full definition
But policy makers are still confused over the distinction between squeezing out a domestic fiscal surplus and the ability to pay foreign debts.
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Preeya Malik is a licensed attorney, entrepreneur and expert on investment immigration, with an interest in trade reform and the large fiscal surpluses in oil - exporting economies, which has expanded the firm's reach to large portfolio of investor contacts in the Middle East and India.
The two percentage point reduction in the GST / HST from 7 % to 5 % in 2007 and 2008 eliminated the inherited fiscal surplus and resulted in a structural deficit at that time.
On one hand, Norway's past eight years, in which it had both a trade account surplus and a governmental fiscal surplus would seem to support his argument; yet there are too many other examples which do not confirm this theory.
The last thing the Canadian government should be doing right now is targetting fiscal surpluses.»
Given the German grand coalition's decision to prioritise fiscal surpluses over much - needed infrastructure investments, would one expect Germany to be generous when it comes to investments that could benefit other countries?
Vitally, sovereign - drawn capital for these entities should be treated as exactly that — capital — and not as an expense that would exacerbate fiscal surpluses or deficits.
The Fund said that it would only participate financially and technically if Greece receives significant debt relief and the fiscal surplus targets would be lowered.
It is not clear that having a fiscal surplus increases employment in an age of automation.
Saudi Arabia, which enjoyed a fiscal surplus balance of +30 percent of gross domestic product (GDP) in 2009, had a -21 percent deficit of GDP in 2015, as estimated by the International Monetary Fund (IMF).
«The Government and the main opposition party are heading into the national election boasting that each will achieve a fiscal surplus in the coming year.
The last thing the Canadian government should be doing right now is targeting fiscal surpluses.»
The authors point out that the average annual losses in the value of western Kansas's groundwater aquifer were roughly equal to the amount of the fiscal surplus projected in the state's 2005 budget.