Sentences with phrase «own fiscal position»

Low sovereign bond yields have long helped the government finance its debt, thus, higher yields would undermine the sustainability of its fiscal position, analysts said.

Over the last few weeks the world has watched as Deutsche Bank has struggled to convince investors and the public that it is in a sound fiscal position.

Canada's fiscal position is the envy of the developed world.

It also predicts that its fiscal position has improved, in terms of both deficit and debt.

(CEO Alain Bellemare has instead emphasized the company's improved fiscal position the past few months, in effect pointing out Bombardier is not quite as needy as it once was.)

As noted by Camilla Sutton, a Scotia Capital currency strategist, the dollar is likely to resume a depreciatory trend because «its fiscal position is weak and, worse, there is only a limited plan in place to improve it.»

«Our government is committed to balancing the budget in 2015 — period,» he said, adding that «maintaining a sound fiscal position» is the most important thing this government, or any, can do to help the economy.

They expected the province's fiscal position to improve through the divestiture of a corporation laden with $ 4.5 billion in debt, and saw a solution to high power costs that hinder New Brunswick's competitiveness.

While the country has very little debt and relatively huge fiscal exchange reserves, the drop in oil represents a huge change in Saudi Arabia's fiscal position.

Interest rates in the US were reduced to historically low levels during 2001, while discretionary tax cuts and government spending increases (along with the automatic stabilisers) have shifted the fiscal position in a markedly expansionary direction.

But, taking a longer - term perspective, some countries, especially in Europe, have had fiscal positions that were quite vulnerable to a shock to confidence for some time now.

The country has a strong fiscal position, its banks are well capitalized, credit is available and the real estate sector has not gone off the rails.

Improving the U.S. fiscal position is the most effective means we have available to reduce our vulnerability during this prolonged period of adjustment.

Yet deteriorating fiscal positions at all levels of government create a new set of challenges.

Perhaps the best medium - term measure of a country's fiscal position is the ratio of government debt to GDP.

But if cities and states lower their real estate taxes, their fiscal position will be squeezed even more.

Moody's rates Saudi Arabia as A1 stable, with a strong fiscal position and significant liquidity buffers While a new Moody's Investors Services says that Saudi Arabia's credit outlook is stable Continue Reading

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.

So while we are starting from a reasonable economic base, a strong fiscal position and a high quality of life, we can not be complacent, because we are losing ground in an increasingly competitive world.

The federal government's fiscal position would no longer be sustainable — it would be running a structural deficit which could only be eliminated through program cuts and / or revenue increases.

There is also no doubt that without these tax cuts the government would have been in a much better fiscal position to deal with the 2009 - 2010 recession; that any resulting deficit, would have been eliminated much earlier than 2015 - 16, and without the need for draconian cuts in federal programs and services.

This new economic growth would in turn improve the fiscal position of the federal government.

Our plan ensures that the government of Canada remains in a sustainable fiscal position.

The slump in oil prices has benefited other Middle Eastern countries, notably Lebanon and Jordan, which saw their fiscal positions improve, pushing inflation into negative territory.

That, in turn, has dealt a blow to the national government's fiscal position.

«Lower oil prices strain the fiscal positions of fuel exporters and weigh on their growth prospects, while supporting household demand and lowering business energy costs in importers, especially in advanced economies, where price declines are fully passed on to end users,» according to the IMF.

According to the Parliamentary Budget Office, the long - run fiscal position of the federal government is not bad at all.

This plan consists of maintaining «a strong fiscal position» and a «low - tax plan for jobs and growth».

If rental revenue is burdened with interest charges, the government's own fiscal position must suffer — or else, the financial sector will be squeezed.

Granted, Australia's fiscal position is comparatively moderate among the majority of larger developed economies.

While originally many lawmakers wanted to use the gains from growth to improve the nation's precarious fiscal position, that has shifted to a goal of tax reform that doesn't add to the debt after accounting for growth.

Finance Minister Tom Osborne maintains the province's fiscal position is improving, but critics are still worried about the government's path.

With its AAA credit rating, B.C. is in the strongest fiscal position of any Canadian province.

«There is no rational economic reason, for a currency - issuing government, to think that a balanced fiscal position is responsible, desirable or even possible.

As such we factor these impacts into our analysis of an issuer's economy, fiscal position, and capital infrastructure, as well as management's ability to marshal resources and implement strategies to drive recovery.

«The Comptroller's report is certainly correct that the state's fiscal position is much improved, but it ignores key facts — most notably that state debt has declined for four consecutive years for the first time in more than 50 years and our debt affordability ratio is at its lowest level since the 1960s,» said DOB spokesman Morris Peters.

His own hubris and mistakes as chancellor had made Britain's underlying fiscal position worse.

«The combination of effective budget management and adherence to the 2 percent spending benchmark is expected to further improve the State's fiscal position,» the report found.

Its fiscal position has deteriorated since the beginning of the Arab Spring; hosting 500,000 refugees has already cost Jordan over $ 800 million since the Syrian war began, and unrest across the Arab world, particularly in neighboring Syria, has cost Jordan's economy as much as $ 4 billion.

«Based on the OBR's [Office of Budget Responsibility] latest forecasts, Scotland's fiscal position, relative to the UK, continues to worsen,» John McLaren, one of the economists who carried out the work, said.

Oneida County Executive Anthony J. Picente Jr. and Oneida County Comptroller Joseph J. Timpano today announced that final reporting of Oneida County's fiscal position at the end of 2013 show that the county has achieved an unaudited operating surplus of $ 1.5 Million

Oneida County Executive Anthony J. Picente Jr. and Oneida County Comptroller Joseph J. Timpano today announced the final reporting of Oneida County's fiscal position at the end of 2015 as well as the findings of the three national credit rating... Read more

«The state's fiscal position is much improved because of actions by the Governor and the Legislature, legal settlements and robust tax revenues this year,» DiNapoli said.

«As a result,» says Mr Powell, «we missed an opportunity to put the country into a better fiscal position going into the economic crash of 2008».

Oneida County Executive Anthony J. Picente Jr. today announced that the most recent estimates of Oneida County's fiscal position at the end of 2011 show that the county expects to compile a surplus of $ 6,044,000.

Oneida County Executive Anthony J. Picente, Jr. today announced that he will be joined by Oneida County Comptroller Joseph A. Timpano at a news conference to discuss Oneida County's fiscal position and the closeout of fiscal 2009.

State's Stall on Payments, Inaction on Budget Forces Oneida County to Defend Its Fiscal Position

How long until our own government faces up to the bankrupt nature of our fiscal position?

Dutchess County Commissioner of Finance Pamela Barrack and Budget Director Valerie Sommerville provided an Update on the County's Fiscal Position to the Dutchess County Legislature and Dutchess County Comptroller yesterday following the submission of unaudited financial report for 2011 to the New York State Comptroller's Office.

County ExecutiveMolinaro will discuss Dutchess County Government's current fiscal position as well as the development of the 2014 county budget.