Sentences with phrase «of infrastructure deficit»

It however said the policy had implementation challenges in the form of infrastructure deficit, congestion, inadequate furniture, high preference for boarding status among others.

Not exact matches

Many of the countries included in China's Belt and Road initiative are in infrastructure deficit and require big project development efforts, says Sonal Varma of Nomura.
«Since Sir John A. Macdonald laid a railway across a continent, infrastructure has been both an immediate response to an urgent need and a hopeful act of nation building,» Finance Minister Jim Flaherty said, casting deficit spending as a proud part of Canada's heritage.
But there is no need for political clashes to convince large trade surplus countries in East Asia to keep more of their hard - earned savings home - instead of financing deficits of much richer countries - to improve their infrastructure and public services.
Posted by Armine Yalnizyan under budgets, Conservative government, deficits, federalism, fiscal federalism, global crisis, housing, IMF, income distribution, income tax, inequality, macroeconomics, OECD, public infrastructure, Role of government, StatCan, stimulus, taxation, TFSA, World Bank.
Expect a lot of «clever» talk and «imaginative» ideas about how to finance new infrastructure spending, without the words infrastructure «deficit» and «debt».
However, a budget deficit that takes the form of transfer payments to banks, as in the case of the post-September 2008 bank bailout, the Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.
Posted by Armine Yalnizyan under Conservative government, deficits, pensions, public infrastructure, public services, Role of government.
Posted by Nick Falvo under aboriginal peoples, Balanced budgets, child benefits, Child Care, corporate income tax, CPP, debt, deficits, early learning, economic thought, federal budget, fiscal federalism, fiscal policy, homeless, housing, income distribution, income support, income tax, Indigenous people, inequality, labour market, macroeconomics, OECD, Old Age Security, poverty, privatization, public infrastructure, public services, Role of government, social policy, taxation, women.
We have made this same case for deficit financing of infrastructure spending in previous commentaries (March 12, 2014).
Liberal candidates have the classic stimulus plum of job - creating infrastructure, though that deficit - inducing investment appears to be spread proportionally across the provinces, rather than targeted at the ones most needing a kick - start.
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.
The only time this has happened in history for a three year period or more was during World War II, when we were obviously printing enough money to finance a lot of deficit spending on infrastructure and public programs.
Virtually all of the improvement in the $ 4.9 billion deficit was due to «economic» factors ($ 4.7 billion), as the reprofiling of $ 1 billion of infrastructure funding from 2010 - 11 to 2011 - 12 slightly offset the net impact of the loss in the Government's sale of common equity in GM.
The ability for Trump to abrogate hard - fought existing trade agreements, to kill off universal healthcare, to deficit spend building a huge amount of infrastructure — including a wall — and provide tax cuts to those of least need is deeply unsettling to many.
Minister Flaherty had done an excellent job of pre-conditioning on what to expect: a commitment to eliminate the deficit by 2015 - 16; no new «risky» spending; some funding for infrastructure and skills training; and further restraint measures to offset revenue losses due to slower economic growth in 2013.
During the election campaign, Mr. Trudeau didn't shy away from acknowledging that his party's plans to invest in infrastructure would result in several years of deficit spending.
The key argument of leading «salt water» Keynesian economists like Paul Krugman, Joe Stiglitz and Larry Summers is that governments can and should drive faster growth through deficit financed public infrastructure investment, which would boost short - term growth and also raise productivity and longer term growth prospects.
In both cases, Conservative parties were defeated by parties promising moderate progressive platforms that included tax increases and significant increases to public infrastructure investment and explicit commitments to run deficit budgets, for at least the short - term period in the case of the NDP.
The recent federal election featured something of a debate on fiscal policy, with the Liberals promising to run modest deficits for three years in order to stimulate a sagging economy and finance needed long - term investments in infrastructure and social programs.
According to Mr. Prentice, it is because there are currently more sellers than buyers in the oil patch (and with the new Investment Canada restrictions, Canada has just ruled out an important set of prospective buyers); because Canada has an infrastructure deficit (not enough facilities to get the product to the right markets — Keystone XL etc); and due to the impact of foreign investment rules.
With a severe infrastructure deficit impacting the productivity of our country, we are hopeful Minister Sohi's connection to Western Canada means that appropriate attention will be given to the ports, rails, and highway network that are crucial to doing business in B.C. and Canada.
Why should a country that has a current account deficit of $ 9.5 trillion be spending money on other countries» water problems when we are so seriously neglecting our own infrastructure?
The Blair / Brown economic legacy was one of under - investment in key infrastructure, notably transport and energy; a continuing decline in manufacturing contributing to a structural balance of payments deficit; an accelerating regional economic divide; and a speculative property and construction boom financing public and private consumption through highly leveraged government and household debt.
President underscored two economic pillars with emphasis on jobs and promised to introduce new legislations and policies, which will be intended to achieve sustainable economic growth, develop and expand agriculture, and address our very large infrastructure deficit, with particular emphasis on road construction and the provision of affordable and adequate electricity for all our people.
Of course, it is true that population growth of any kind puts pressure on infrastructure, but in reality falling investment in public services represents a political choice by the current Conservative government, which has opted to spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the deficit rather than expanding healthcare and education provisioOf course, it is true that population growth of any kind puts pressure on infrastructure, but in reality falling investment in public services represents a political choice by the current Conservative government, which has opted to spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the deficit rather than expanding healthcare and education provisioof any kind puts pressure on infrastructure, but in reality falling investment in public services represents a political choice by the current Conservative government, which has opted to spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the deficit rather than expanding healthcare and education provision.
In doing so, they are heeding Boris Johnson's calls for a «citizen's wealth fund»: last October, London's mayor proposed pooling some of the UK's 39,000 public pension funds into a single investment fund large enough to reduce the country's dependence on foreign investment and close its infrastructure financing deficit.
Peter, unless you can demonstrate a credible way of doing so, without damaging both crucial services and the infrastructure and innovation architecture on which the entire economy depends, I suggest that any economic policy that does claim that it can eliminate the budget deficit — however you define that — is not worth the paper it is written on...
«Without that funding — that as - of - yet - to - be-identified funding source — they will run a cash deficit next year,» Jamison Dague, the commission's director of infrastructure studies, said last week.
«Although we recognise the need for government to reduce the economic deficit, it is critical that growth is kick started through investment in areas of long term benefit to the UK, such as housing and infrastructure.
Adeyeye, a former Minister of State for Works, said, «This government budgeted N6.07 tn for the 2016 fiscal year with a deficit of N2.22 tn, and according to the breakdown, N1.8 tn was budgeted for capital expenditure and President Buhari is now seeking to borrow over N9tn ($ 29.96 bn) for «critical infrastructure».
Adeosun explained that the policy was expected to «Increase exposure of financial or financial related crimes; support the fight against financial crimes and corruption; improved level of public confidence in public entities; enhance transparency and accountability in the management of public funds; improve Nigeria's Open Government Ranking and Ease of Doing Business Indicators; and recover public funds that can be deployed to finance Nigeria's infrastructure deficit
You built huge infrastructure, provided solid roads, installed various power generation capabilities to resolve the power challenges this nation faced as a result of deficits handed down.
Government's plan to find funds to deal with the dramatic deficit in our infrastructure needs, has at its heart, the exploitation of our mineral wealth.
2.30 pm Oral Questions Ensuring effective implementation of the stalking offences under the Protection of Freedoms Act 2012 - Lord Kennedy of Southwark Reducing the geographic disparity in Gross Value Added per head within the UK - Lord Wigley British Academy's report «Languages: the State of the Nation» concluding that the UK will be unable to meet its aspirations for growth and global influence unless action is taken to remedy the deficit in foreign language skills - Baroness Coussins Office of Fair Trading's report on payday loans - Lord Mitchell Legislation Growth and Infrastructure Bill - Report stage (Day 2)- Baroness Hanham Orders and Regulations Trade Union and Labour Relations (Consolidation) Act 1992 (Amendment) Order 2013 and Motion to Regret - Viscount Younger of Leckie / Lord Young of Norwood Green
Mounting pension costs, declining tax bases, crumbling infrastructure and a growing number of out - of - work citizens relying on social safety nets meant deep budget deficits and tides of red ink.
«In the face of unsustainable deficits, the Postal Service must seek ways to cut costs and reduce the size of its infrastructure,» Joseph Mulvey, a USPS real estate specialist, wrote in a Dec. 31 letter to Bronx Borough President Ruben Diaz Jr. «We believe we have an opportunity in the Bronx to sell the existing Postal Service owned property located at 558 Grand Concourse, and right size our retail operation into smaller leased space.»
The infrastructure deficit is a major challenge associated with the implementation of the Free Senior High School programme.
The Minister of Education, Dr. Matthew Opoku Prempeh, has described as inaccurate, reports that the increased enrollment under the Free Senior High School policy is solely to blame for cases of congestion and infrastructure deficit being experienced in some schools.
The Liberal Democrats insisted from the start that the recovery would be about more than just cutting the deficit, which is why there has been a focus on infrastructure, help for small businesses and support across all regions of the UK.
The infrastructure plan surfaced the same day as Trump unveiled the administration's annual budget request, which seeks to remedy the deficit embodied in the tax law enacted in December through a decade's worth of spending cuts amounting to $ 3.6 trillion.
When other counties were facing large deficits, our County was recording a surplus that was used to pay down millions of dollars in long - term debt and fund infrastructure repairs with cash and avoid costly interest payments.
He said: «given the deficit of infrastructure and expertise in many countries in our sub-regions and the regularity with which elections are conducted, concerns have been raised about cost, choice and effectiveness of technology.
SPECTRUM NEWS VIDEO: Assemblyman Angelo Santabarbara discusses the challenges of funding education, infrastructure and direct care professional wages as state lawmakers debate how they are going to balance the budget while facing such a large deficit.
This directly follows the commencement of construction works for a similar facility in Ho last week as is part of government's efforts to address the sports infrastructure deficit in the country.
These are problems of inclusive economic growth to address unemployment, decline in the agriculture sector, rising cost of living, collapsing businesses, the energy crisis («dumsor») unsustainable debt, poor infrastructure, rising interest rates exchange rate depreciation, rising fiscal and balance of payments deficits, and corruption.»
From its inception, the Career Development Center for Postdocs and Junior Faculty (CDC) has aimed to fill this deficit by educating young researchers in the large body of nonscience knowledge that young academic scientists need to advance their careers and the research infrastructure of the United States.
The State of Our Schools report identifies four key strategies for addressing the structural deficits in the K — 12 public education infrastructure:
WASHINGTON — U.S. Secretary of Transportation Anthony Foxx today outlined his top priorities for the Department of Transportation, highlighting America's infrastructure deficit and identifying ways for the Department to use innovation and improved planning to stretch transportation dollars as effectively and efficiently as possible.
Secretary Foxx's tour will include visits to manufacturers, bridges, freight facilities, and highway projects in an effort to raise awareness of America's infrastructure deficit.
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