Sentences with phrase «lower public sector spending»

1) Lower economic strength in light of the diminished medium - term growth outlook, constrained by foreign currency shortages, high inflation, lower public sector spending and a weak banking system.

Not exact matches

We have therefore agreed that there will need to be: - a significantly accelerated reduction in the structural deficit over the course of a Parliament, with the main burden of deficit reduction borne by reduced spending rather than increased taxes; - arrangements that will protect those on low incomes from the effect of public sector pay constraint and other spending constraints; and - protection of jobs by stopping Labour's proposed jobs tax.

arrangements that will protect those on low incomes from the effect of public sector pay constraint and other spending constraints; and protection of jobs by stopping Labour's proposed jobs tax.

Fourth, dismally low public spending on health has crippled the public sector and created large barriers in quality and access — the total expenditure on health in India fell from 4 · 5 % of gross domestic product (GDP) in 2004 - 05 to 4 · 0 % of GDP in 2013 - 14, and most of this expenditure was out - of - pocket leading to catastrophic health care expenditure for millions.