Sentences with phrase «preventing public capital»

Not exact matches

Bondholders financed a sharp rise in Greek public debt despite the government's failure to tax wealth or prevent a reported 50 billion euro capital flight to Swiss banks alone.

The unexpended balance of each appropriation, less the commitments outstanding at the close of the fiscal year for which it was made, shall lapse at the close of such fiscal year; provided that nothing herein contained shall be construed to require the lapsing of appropriations which may be or are required to be made for an indefinite period or which include state refunds, allocations or grants applicable to said appropriations pursuant to any other provisions of law; and provided further that nothing herein shall be construed to prevent the making of appropriations or contracts for the construction of permanent public improvements or works not to be completed during the fiscal year, or the acquisition of property therefor, or the establishment of bond or capital accounts, sinking funds or reserve funds, and each such appropriation, account or fund shall continue in force until the purpose for which it was made shall have been accomplished or shall have been abandoned by a two thirds vote of the County Legislature.

Reiterating his belief that there is an abundance of resources on the continent to finance the development of Africa, President Akufo - Addo stated that the resources can be put to good use by eliminating corruption in public life; having more intelligent arrangements for those who want to exploit the resources on the continent; and preventing the flight of capital out of the Continent.

These reforms include «preventing LDC's... from financing a local government's operations of capital assets;» as well as «prohibiting the creation of LDC's solely for the generic purpose of «lessening the burdens of government and acting in the public interest.»»