Sentences with phrase «government debt per»

Wyoming had the lowest rate, with $ 3,376 of government debt per person.

New York state has had the highest state and local government debt per capita since at least 2011.

I have looked at the relationship between per capita changes in real GDP and government debt per capita and the relationship is negative, not positive.

Not exact matches

The government already spends about $ 12 - billion each year to pay interest on its debt, about 8 per cent of revenue.

On Monday, the yen slid towards 99 per dollar, its lowest in nearly four years, as markets prepared for the BOJ to start buying about 70 percent of debt issued by the government.

The pro-independence Scottish government says Scotland would be entitled to 90 per cent of Britain's oil wealth — based on divvying up the two countries» waters — but only liable for about 8 per cent of its 1.3 trillion pound ($ 2.1 trillion) national debt, based on its share of the U.K. population.

The Barnett government is hoping to raise $ 3 billion by selling 51 per cent of Western Power to Australian investors, and will also use the privatisation deal to remove about $ 8 billion of debt off the state's books.

Conservative finance critic Pierre Poilievre called the PBO's findings «damaging» for the government, citing the impact of larger deficits, higher debt payments and a carbon tax that he says will erase at least $ 10 billion per year from the national economy by 2022.

On the government front, net debt edged to a nine - year high of 51 per cent of gross domestic product.

Our Government has already set an ambitious debt - to - GDP target of 25 per cent by 2021.

FTC and state investigations in the U.S. have found that less than 10 per cent of consumers typically complete debt settlement programs there, according to the U.S. Government Accountability Office.

Even assuming, as the Parliamentary Budget Office does, that Ottawa's debt will steadily shrink and disappear around 2040, provincial, territorial and local governments are on track to swell Canada's total public debt to the equivalent of 100 per cent of GDP by 2070.

He also concludes that «raising its (the government's) deficit target back up to 1 per cent (from zero) makes more sense when there are other short - term - pain - for - long - term - gain initiatives that are needed to address more pressing objectives than lowering a debt ratio that is already the envy of the world.»

The Harper government has set a «target of stabilizing» the debt - to - GDP ratio at 25 per cent by 2021 - 22.

In the Fall Update, the government will not only be able to show the elimination of the deficit (something no other G - 7 country has achieved) one year earlier than targeted, but also to show a declining debt ratio, rapidly approaching the government's target of 25 per cent, the lowest since the 1960s

In Canada, the federal government currently has a sustainable fiscal structure, but one built around a relatively small federal government, and a stable debt - to - GDP ratio, that averaged around 33 per cent between 2009 - 10 and 2012 - 13, and 29.6 per cent in the three previous years, before the 2008 - 09 recession

In contrast, according to the Parliamentary Budget Officer, the provincial, territorial and local government sector does not have a sustainable fiscal structure, even though their aggregate debt - to - GDP ratio is currently under 30 per cent, but expected to rise significantly due to the impact of an ageing population on their finances.

Under the Canada Economic Action Plan the deficit will be eliminated by 2015 - 16; although total net public debt will have increased by $ 150 billion, the debt ratio will have declined to 33.0 per cent in 2015 - 16 and reach the government's target of 25 percent by 2019 - 20; program spending will fall to below 13 percent of GDP and will continue to fall thereafter; public sector jobs have been eliminated; and income and corporate taxes have been cut.

Unless the federal government believes that it is more important to steadily reduce the debt ratio (to 20, 15, 10, or zero per cent), rather than dealing with other critical policy issues, then the federal government will soon have to start running deficits.

Professor Scarthe also recommends that, once the deficit is eliminated in 2015 - 16, any future government should gradually start creating a deficit by, for example, spending on infrastructure and this could be done while at the same time maintaining a stable debt to GDP ratio of around 25 per cent over the medium to longer term.

If the Conservative government wants to stabilize the debt - to - GDP ratio at 25 per cent, then at that ratio, the government must run a permanent and growing structural deficit that will result in the government's debt increasing at the same rate of growth as the economy.

«The government has aggressively tackled its direct operating debt (or «credit card» debt), reducing it by almost 80 per cent over the past 10 years.

In proposing balanced budget legislation, the Harper Government has indicated that the debt - to - GDP ratio will continue to decline below its target of 25 per cent of GDP.

The federal government continues to be on track to achieve its target debt - to - GDP ratio of 25 per cent by 2021.

In the 2006 Budget, the Government also committed to reducing the debt - to - GDP ratio to 25 per cent in 2013 - 14.

This undermines the Harper Government's commitment to reduce the debt by $ 3 billion per year.

(a) Share of total Australian dollar assets (per cent), subcomponents are the share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised assets)

The average student loan debt per graduate includes loans taken out through any student loan lender, including both the government and private student loan lenders.

A recent Department of Finance report (1) showed that the federal government's fiscal position is sustainable and that the federal debt - to - GDP ratio would fall to about 24 per cent by 2020 - 21.

The federal government is on track to achieve its target debt - to - GDP ratio of 25 per cent by 2021, evidenced by projected surplus budgets in the very short term.

In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDP.

It just happens that the Liberal government inherited a debt ratio of around 30 per cent and it might be politically difficult to set a higher debt target.

We are far better off than we were in 1995 when the federal government had a debt - to - GDP ratio of almost 70 per cent.

Current government forecasts show government debt falling to about 25 per cent of GDP (the government's target) by 2019 - 20.

According to the U.S. National Debt Clock, government debt now stands at over $ 21 trillion — or, put another way, $ 174,000 per taxpaDebt Clock, government debt now stands at over $ 21 trillion — or, put another way, $ 174,000 per taxpadebt now stands at over $ 21 trillion — or, put another way, $ 174,000 per taxpayer.

In the late 1940s through the early 1970s, the U.S. and UK both reduced their debt burden by about 30 % to 40 % of GDP per decade by taking advantage of negative real interest rates, but there is no guarantee that government debt rates will continue to stay so low.

One area that the government has pledged to dramatically overhaul is China's heavily leveraged, state - owned enterprise (SOE) sector, which accounts for 70 per cent of Chinese corporate debt, but only 30 per cent of total economic output.

This saw yields on Japanese government debt rise steadily in March and April to around 1.5 per cent, 30 basis points above their mid-February low.

That's $ 56,000 in total government retirement debt per household.

The government is confronting the worst fiscal situation in the U.S. with deficits forecast to remain in the 10 per cent range of GDP, and the debt burden to rise steadily higher, possibly reaching over 100 per cent within 15 years.

The government should start thinking about additional «critical public sector investments» that will maintain a deficit target of 1 per cent of GDP and a stable debt ratio of around 30 per cent of GDP

In the October 2013 Speech from the Throne, Prime Minister Harper announced that the government would extend the freeze on departmental operating budgets, once again committed the government to eliminating the deficit by 2015 - 16 and to reducing the debt - to - GDP ratio to 25 per cent by 2021, both of which are easily achievable.

As a result I am now $ 30,000 in debt (that includes the student loan debt to the government), all that despite the fact that I have been living off of just $ 1,200 per month (well under the poverty level).

Yields on 10 - year Japanese government debt have been relatively stable, averaging around 1.3 per cent.

European yields have generally taken their lead from developments in the US over recent months, with yields on German 10 - year government debt also falling toward 4 per cent in mid January, before increasing to 4.2 per cent after the Fed's late January monetary policy announcement.

State and local government retirement debt now totals $ 267 billion, or $ 56,000 per Illinois household.

The European Central Bank on Thursday delivered basically what the market expected for QE: 60 billion euros of purchases per month directed at investment - grade - rated government and agency debt and with a total size, considering the contemplated end date by September 2016, of around one trillion euros.

Incorrect Answers Question: If taxes equal government spending, then: Your Answer: government debt is zero Correct Answer: tax per person equals government spending per person on average Question: The Puritans: Your Answer: opposed all wars on moral grounds Correct Answer: stressed the sinfulness of all humanity

The national debt now stands at around 60 per cent of GDP: the government regards this as calamitous and is determined to drive it down.

«The government of China should be mindful of the fact that Nigerians, irrespective of their political and religious affiliations are totally opposed to increment of the country's debt burden, which is already being serviced with 25 per cent of the Federal Government annugovernment of China should be mindful of the fact that Nigerians, irrespective of their political and religious affiliations are totally opposed to increment of the country's debt burden, which is already being serviced with 25 per cent of the Federal Government annuGovernment annual budget.