Sentences with phrase «forecast small deficit»

Not exact matches

The budgetary balance (deficit / surplus) is the difference between two very large numbers (budgetary revenues - $ 245.2 billion in 2011 - 12 and total expenses - $ 271.4 billion in 2011 - 12), such that a small error in forecasting will result in a large error in the residual - the deficit or surplus.

On balance, the PBO projects a slightly lower deficit in 2010 - 11, somewhat higher in 2011 - 12, due to the extension of the protection of transfers in 2011 - 12, and small improvements throughout the rest of the forecast period (Table 1, Panel D) from that projected in their November 2010 Update.

Did the Liberals inherit a small surplus (less than $ 1 billion) in 2015 - 16 as recently forecast by the Parliamentary Budget Officer (PBO) or a deficit of $ 5.4 billion as forecast by the Finance Minister in his 2016 Budget?.

More broadly, the Tories and Lib Dems have been slogging it out making cuts and savings and appearing as evil axe - men together, so when the chancellor was able to announce the economy picking up — the OBR has revised down its deficit forecasts, with a small surplus emerging by 2018/19 — there were grins all round the government benches.

That projection forecasts that in 2004, world uranium demand will reach 66,658 tonnes and world uranium supply will reach 66,374 tonnes, leaving a very small supply deficit of 284 tonnes, less that 1 % of total world demand.