Sentences with phrase «for public borrowing»

Ghanaians and the business community were shocked with the manner in which the $ 2.25 B bond was issued in March 2017 as it was done in secrecy (lack of transparency) and not in conformity with the guidelines for public borrowing and Article 181 of the 1992 Constitution.
At a time when the government has smashed through the EU's limits for public borrowing of three per cent of GDP (currently at 12.6 per cent!)

Not exact matches

They are operating on a fraction of the budget of the big public - sector fusion experiments (see my briefing from last August), yet the consensus among scientists who've reviewed its design for «magnetized target fusion» is that, to borrow a phrase from Captain James T. Kirk, it just might work.
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.
There is however a case for expanded public investment on a sustained basis with financing from borrowing or taxes that varies with cyclical conditions.
Borrowing to complete an undergraduate, graduate, or professional degree program is often the only means to pay for the cost of higher education, as the price tag continues to increase at public and private institutions alike.
The IMF had recommended that G20 governments finance this initiative through deficit financing and borrowing, arguing that with historically low interest rates, «efficient» public infrastructure could easily pay for itself.
For example, federal loans can often be a better option for borrowing — even if you could get a lower interest rate on a private student loan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness ProgrFor example, federal loans can often be a better option for borrowing — even if you could get a lower interest rate on a private student loan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness Progrfor borrowing — even if you could get a lower interest rate on a private student loan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness Progrfor the Public Service Loan Forgiveness Program.
The need to obtain Parliamentary authority for new borrowings increased Parliament's oversight over government's finances and improved the transparency of government finances to Parliament and the public at large.
We will ensure accounting consistency among the Estimates and the Public Accounts; provide costing analysis for each government bill; restore the requirement that government borrowing plans receive Parliamentary approval; end the inappropriate use of omnibus legislation; and we will ensure the Parliamentary Budget Officer (PBO) is truly independent, properly funded, and answerable only, and directly, to Parliament.
5Note that the term «public» is another example of Whitehead borrowing something from human social experience for metaphysical purposes, and note too how that appropriation is relevant to his use of the term «society» in this same context.
Finally, the report noted that state and local revenue gains from federal tax reform will be further offset by higher costs for state and local borrowing, resulting from tax reform, and greater demand for public services as charitable donations drop and federal budget cuts continue.
I would add that further complicating matters is the likelihood that Scotland's credit rating would be lower than that of the United Kingdom, which would make it more expensive for the new government to borrow in order to provide an equivalent level of public services, a point made by Prof Iain McLean.
E.J. McMahon, research director at the Empire Center for Public Policy, joined Poozer Politics to offer an introductory seminar on borrowing in New York.
Gov. David Paterson and legislators quietly borrowed state money in 2010 to give to their favorite baseball clubs, veterans halls, museums and even a racetrack casino at the same time they were cutting jobs and support for schools, health care and other basic public services.
Public Authorities in some ways have controlled the growth in spending but they also continue to serve as vehicles for back door borrowing, according an ABO report.
New figures showed that public sector net borrowing rose by a further # 15.2 billion last month, to reach # 110 billion for the first 11 months of the fiscal year.
Cuomo borrowed heavily from the panel's recommendations for his education agendas last year and this year, outlining the group's «final action plan» in his State of the State address last week, although he had not yet released the report to the public.
Many voters may think it essential for growth and adequate public services but others may worry about Labour again being seen to be proposing borrowing when they are yet to rebuild their reputation on the economy.
Similarly, the amount state and local governments will have to pay into the state's main pension fund for other public employees would double to nearly $ 4 billion — even if most localities opt into a borrowing scheme approved this year by lawmakers to soften the blow.
State lawmakers and Gov. Andrew Cuomo have the ability to borrow as much as $ 1.1 billion for projects to help local governments and public agencies, like libraries and fire departments.
The Buffalo & Erie County Public Library System has more than 3 million materials available for borrowing through the 37 branch and bookmobile system including downloadable eBooks, music and video, DVDs and books on CD.
«The only way the state could support the capital plan would be to borrow money, and it can't borrow because it's too close to its debit limit — but the MTA is not,» said E.J. McMahon, president of the Empire Center for Public Policy.
If approved by voters those propositions will: 1) Create a redistricting commission to draw the new state legislative and House of Representatives» district lines every 10 years, with the commission members appointed by the state legislative leaders, 2) amend the current constitutional requirement of distributing paper versions of proposed bills to state legislators to allow for electronic distribution and 3) authorize New York State to borrow up to $ 2 billion for school funding, with a stated purpose of «improving learning and opportunity for public and nonpublic school students», including the purchase of equipment, expanding school broadband access, building classrooms for pre-K and replacing trailers and installing «high - tech security features.»
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.
DiNapoli's office found cited the start of a new debt structure propped up by the state's sales tax revenue that would allow for new borrowing methods by public authorities that are done so without voter approval.
Authorities and public - benefit corporations are quasi-public entities set up with an explicit purpose to finance and perform a variety of government functions and be able to borrow outside of the normal procedure for bonding.
The party's leader Nick Clegg told a conference rally in Bournemouth they had to be «realistic» about the promise to abolish tuition fees, as new figures out today show total public borrowing has risen above # 800bn for the first time.
ALBANY — Public authorities in New York have been on a borrowing binge — racking up $ 267 billion in total debt or $ 13,487 for every resident of the state, according to a report released Thursday.
Public authorities, run by his appointees, can borrow with state taxpayers» backing without requiring voter approval, as when the state holds a referendum for a major bond act for transportation or environmental projects.
The Buffalo & Erie County Public Library System has more than 3 million materials available for borrowing through the 37 - branch system including downloadable eBooks, music and video, DVDs and books on CD.
It also hikes spending, allows for new «back - door borrowing» and hides more outlays from the public, DiNapoli notes.
«Taxpayers have good cause to be concerned about state lawmakers and the governor using that borrowing power for anything besides its original purpose, especially when it's to pay for political pet projects,» said Ken Girardin, an analyst at the fiscally conservative Empire Center for Public Policy.
In May, shortly before the Crewe and Nantwich by - election, Alistair Darling forked out # 2.7 billion of public money - paid for by borrowing - to cobble together a rescue package for the 10p tax debacle.
And has Britain's low public borrowing and stable interest rate regime prepared it for the troubles ahead?
Ahead of the Budget, the public were asked for views - and to take part in an unscientific vote - about whether George Osborne should go for more cuts or more borrowing.
As he probed News International's extensive dealings with leading politicians over five premierships, extensive and sometimes cosy (Labour slumber parties, Tory country suppers and borrowed police horses), the judge detected «patterns of behaviour» suggesting that public policy decisions were also sometimes traded for favourable treatment in Fleet Street.
There are three ballot propositions on the November ballot: 1) Creation of a redistricting commission to draw the new state legislative and House of Representatives» district lines every 10 years, with the commission members appointed by the state legislative leaders, 2) amend the current constitutional requirement of distributing paper versions of proposed bills to state legislators to allow for electronic distribution and 3) authorize New York State to borrow up to $ 2 billion for school funding, with a stated purpose of «improving learning and opportunity for public and nonpublic school students», including the purchase of equipment, expanding school broadband access, building classrooms for pre-K and replacing trailers and installing «high - tech security features.»
The Buffalo & Erie County Public Library System has more than 3 million materials available for borrowing including books, eBooks, DVDs, music and more.
Buffalo & Erie County Public Libraries have more than 3 million materials available for borrowing including books, eBooks, DVDs, music and more.
The budget contains no tax increases or significant borrowing, but deep cuts including another 10 - percent cut for the public universities after similar cuts last year.
Erie County Legislature Chairman John J. Mills today subpoenaed the six members of the Erie County Fiscal Stability Authority's (ECFSA) board after they ignored a resolution passed unanimously by the Legislature asking for a public discussion with board members to fully vet the $ 120 million borrowing plan for ECMC, which the ECFSA approved on Wednesday, March 15th in a 5 - 1 vote.
The TIF would let the city borrow money to pay for construction of a lakeside terrace on the Edgewater property and public access to the terrace and lake.
Our materials are available year - round with databases and electronic resources available e24 / 7 through our website www.buffalolib.org Best of all the materials are free for borrowing with your Buffalo & Erie County Public Library card.»
The Buffalo & Erie County Public Library System has more than 3 million materials available for borrowing through the 37 - branch system including downloadable eBooks and music, DVDs and books on CD.
Daniel Warren, who initiated the petition drive, said he has drafted a petition to force a public vote on whether to borrow $ 1.9 million for the library / community center.
Warren led a petition drive in March that was going to force a public vote on borrowing for the construction of the new building, but the board withdrew the bond resolution and is borrowing a lesser amount that does not require a public referendum.
Ryan Bourne, of the Centre for Policy Studies think - tank, said: «There was me thinking we had huge public borrowing.
Pausing the financing for the project was prompted by residents filing petitions forcing a public referendum on borrowing $ 5.1 million, which was approved by the board in January.
DiNapoli called for a host of reforms to curtail state borrowing, including a constitutional amendment to limit total debt to 5 % of New York's personal income and a ban on so - called back - door borrowing — the issuance of state - funded debt through public authorities and other entities.
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