Sentences with phrase «large budgetary deficits»

First come large budgetary deficits caused by the economic downturn and the implementation of a deficit financed stimulus package.

«Recent events are highlighting the real risks to highly indebted countries that lack exit strategies from large budgetary deficits.»

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.

The deficit is the difference between two large numbers: budgetary revenues of $ 282.3 billion and total expenses of $ 280.4 billion (figures for 2014 - 15).

He argued that while the control board projected the county would end both 2015 and 2016 with large deficits, Nassau concluded both years with budgetary surpluses.