Sentences with phrase «per cent of our national income»

The last Conservative manifesto contained a commitment not just to spend 0.7 per cent of national income on overseas aid, but also to «legislate in the first session of a new Parliament to lock in this level of spending for every year from 2013.»

In the coming Budget, we will become the first G8 country to realise the historic promise to spend 0.7 per cent of national income on aid.

In a policy described as «hard - headed - but not hard - hearted», the Tories reiterated their commitment to spending 0.7 per cent of national income on international development, meeting the target set by the United Nations.

It now stands behind Luxemburg, Sweden, Denmark, the Netherlands, Ireland, Belgium and Finland, spending 0.41 per cent of national income on overseas aid.

The EU12 group of recent entrants to the EU including Cyprus and Malta as well as Eastern European countries - has promised to spend 0.17 per cent of national income on aid by 2010 and 0.33 per cent by 2015.

Other rich European countries are also lagging behind the UK, with France spending only 0.30 per cent of national income, and German giving 0.28 per cent.

We expect public sector net debt to hit the government's ceiling of 40 per cent of national income in 2009 - 10 and to rise to 41.2 per cent by 2012 - 13.

Should Britain accept a higher level of taxation than the normal level of a little under 40 per cent of national income?

Last week, I wrote that the Government is currently on track to haul back the State's share of the economy from the ruinous 47.7 per cent of national income it reached under Labour to 39.5 per cent within five years.

«This Coalition Government will be the first British government in history, and the first major country in the world, to honour the United Nations» commitment on international aid... Overseas development will reach 0.7 per cent of national income in 2013.»

Overseas aid spending would increase to a 2013 target of 0.7 per cent of national income.

Fellow Tory MP Peter Bone is also critical of the Government's move since 2010 to protect and raise aid spending to the United Nations target of 0.7 per cent of national income.

If they revise down the Treasury's growth forecasts by 1 per cent of national income, the gap between tax revenues and spending increases by around # 10bn, meaning the government has to find more money from somewhere.

In this respect, Britain is again falling behind other Western countries, with healthcare expenditure averaging only 6.9 per cent of the national income between 1980 and 2013.

Not exact matches

NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).

NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.

It's no surprise that parents of young children, says Statistics Canada, now carry debt worth 180 per cent of their after - tax income, well above the already - elevated national average of 161 per cent.

Close to one - in - five Canadians (17 %) believe that Canada spends more than the UN target of 0.7 per cent of gross national income on overseas development assistance.

While in 1970, 25 per cent of income generally went for rent, today, according to National Low - Income Housing Coalition reports, that percentage for many renters, especially the poor, has doincome generally went for rent, today, according to National Low - Income Housing Coalition reports, that percentage for many renters, especially the poor, has doIncome Housing Coalition reports, that percentage for many renters, especially the poor, has doubled.

The City of Manchester is the third most deprived local authority area in England, with 20 per cent of residents claiming income support - twice the national average.

Unite has warned of a debt disease as National incomes fell by more than 13 per cent this year compared to the start of the recession four years ago, according the Office for National Statistics (ONS).

The top 0.1 per cent of households have increased their share of national income from 2 per cent in 1980 to almost 10 per cent today.

The Conservative party has committed itself to spending 0.7 per cent of Gross National Income on development by 2013.

1,025 billion proposed earlier this year (1.24 per cent of the total national income of member states) to?

The working class now receives a smaller share of national income — in the ten years to 1976 wages accounted for 60 %, but in the ten years to 2006 this had fallen to 54 per cent.

And while the US increased its aid budget by 14 per cent, it remains one of the lowest donors, contributing just 0.19 per cent of its gross national income, compared to 0.33 per cent in the UK and 0.38 per cent in France.

13:16 - There will be a guarantee of development funding of 0.7 per cent of gross national income by 2013.

Among the party's other policies: a # 50bn a year cut in spending, a 31 per cent flat rate of income tax, the abolition of national insurance, a five - year freeze on new immigrants settling in Britain, a ban on wearing the burka in public - and in some private — buildings, and boot camps for young offenders.

Lucas vowed to slap a new income tax rate of 50 per cent for those earning more than # 100,000 and axe the upper limit for National Insurance contributions.

Under Labour's plans 95 per cent of taxpayers will be guaranteed no increase in their income tax contributions and everyone will be protected from any increase in personal National Insurance Contributions and VAT.

Mr Osborne announced an increase in the threshold before workers start paying income tax to # 8,105, financial support for first - time home buyers, a two per cent cut to corporation tax this year, a tax on private jets, a clampdown on non-doms, the introduction of # 140 flat - rate state pension, a review into a merger of national insurance and income tax and a fair fuel stabiliser, including a 1p cut on fuel duty.

In 1997, when Labour came to power, people were left with 34.5 per cent of their gross income after taxes, national insurance, mortgage or rent.

Mr Evans insisted that he was keen on encouraging Britain's political parties to commit to international development issues - including their goal of providing 0.7 per cent of gross national income to aid projects by 2015.

Another key concern about replacing Trident is the cost, put by Mr Browne today at about 0.2 per cent of Britain's national income over the life of the new weapons system.

The # 43,888 - a-year ceiling on national insurance contributions (NICs) would be abolished, so people earning more would pay NICs at 11 per cent on all their income above that level, instead of the current 1 per cent.

In the summer a National Audit Office (NAO) report showed money was being wasted because civil servants were struggling to hit the legal requirement of spending 0.7 per cent of the nation's income on overseas aid.

He used the cover of the Lib Dems to press ahead with bold reforms at the heart of his modernising project: making gay marriage legal, introducing Free Schools, overhauling Britain's something - for - nothing benefits culture and — controversially — committing to spend 0.7 per cent of UK national income on foreign aid.

My colleagues and I have calculated that the cost of ensuring basic life - saving health coverage for the world's poor would be around 0.1 percent of the gross national product of the high - income countries (10 cents per $ 100 of income).

In the third quarter of 2017, the national household debt - to - disposable income ratio reached a record 171 per cent.

Petra Hedorfer, chief executive, German National Tourist Board, sees the latest results as further proof of the increasing attractiveness of Germany as a holiday destination: «According to the IPK, in the last two years (2013 and 2014) the leisure travel market from Europe and overseas have each grown more than seven per cent - more than the entire incoming tourism for each of those years.

Petra Hedorfer, chief executive of the German National Tourist Board, explained: «Both in the first half of the year and in the summer season, the incoming has clearly once more gained dynamic momentum: from January to September 2016 the increase in international overnights remained high at 1.6 per cent, but we will generate twice as much growth this year.

That means the pledge contributes towards the UK's commitment to use 0.7 per cent of its gross national income for overseas development assistance.

To ensure that FIAP is fully funded, the federal government increases its foreign aid from 0.26 per cent of gross national income to 0.7 per cent.

The Australian Council for International Development (ACFID), the peak body for Australia's aid groups, has published a detailed analysis, saying Australia's aid contribution as a share of gross national income in 2017 - 18 will be 0.22 per cent, «once again plunging aid to new all - time low levels of generosity» and failing to match - up to the reality of global challenges, like climate change, food crises and the insecurity faced by displaced people.