Of course, fiscal policy also has its limits, since an excessive buildup
of public debt can create its own problems for both the economy and the financial system.
The decline to date in
public debt charges of $ 1.4 billion (8.9 %) largely reflects lower average effective interest rates and lower inflation adjustments on Real Return Bonds.
The decline to date
in public debt charges of $ 1.1 billion largely reflects lower average effective interest rates and lower inflation adjustments on Real Return Bonds.
This gain in credibility contributed to a rapid decline in long - term interest rates, which in turn significantly
reduced public debt charges and contributed to stronger economic growth and government revenues.
We aren't facing a credit bubble now, because the last crisis wiped away a lot of private debt, and replaced it
with public debt.
The improvement in the current fiscal results was due to higher revenues and
lower public debt charges, which more than offset higher program expenses.
Economic developments determine how much revenue the government collects and how
large public debt charges will be.
This lost revenue accounts for about 80 per cent of the increase in federal
public debt over that period.
We had just had the booming years of the 90s during which all countries failed to address sustainability issues ranging from energy transitions to
tackling public debt.
Too
much public debt leads to worries over higher taxes, inflation and default, which inhibits private action, leading to a slower economy.
We have also questioned the impact of the restraint measures on direct program expenses — total expenses
less public debt charges and major transfers to individuals and other levels of government.
The country's economy is stagnant, but there are too many variables at work to blame
only public debt.
The higher than
expected public debt charges is attributable to the increase in interest - bearing debt resulting from the changes in the budgetary balance forecast.
It must be said however, that
absolute public debt is incurred by investing in public infrastructure where there are no financial returns.
These indexes are usually dominated by the biggest companies with the
most public debt and equity outstanding.
It's suffered from an aging population and
massive public debt — similar to the problems most western countries are only just starting to experience.
That doesn't
mean public debt isn't important, although low interest rates have rendered it more manageable than expected in recent years.
Within total expenses, lower program expenses were largely offset by
higher public debt charges.
The decline
in public debt charges for the first quarter is also well above that forecast for the year as a whole.
The value of public commercial assets is on the same order of magnitude as annual global GDP, and comfortably higher than
global public debt.
The Minority in Parliament has chastised government's management of the economy citing the rising
public debt stock as a situation that can take Ghana back to the status of HIPC [heavily indebted poor countries] by the end of 2019.
So the debt is declining and anybody who says we are piling up more debt is mistaken because it shows the person is not in tune with the new
Public Debt Management Strategy we are using.
The Organization for Economic Co-operation and Development (estimates the country's debt - to - GDP ratio (a measure of
public debt burden) at around 190 % this year.
For the effective federal funds rate (EFFR) to work well as a monetary policy «transmission channel,» it should trigger proportional changes in
public debt markets and loans.
The IMF in its recent discussions on the government's performance under the agreement suggested that the government limits its borrowing to 500 million dollars citing
rising public debt stock.
He has reneged on the first policy and the second will become increasingly more visibly stupid as an economy with strong fundamentals moves to 9 % unemployment with
huge public debt, huge tax burdens to repay the debt, a devalued currency and probably high inflation.
New Europe's debt strains are threatening to break up the core euro - currency area (aggravated from within by the Greek, Spanish and Irish
public debt problems).
Most significantly, Legrain calculates that while the absorption of so many refugees will increase
public debt by almost $ 69bn (# 54bn) between 2015 and 2020, during the same period refugees will help GDP grow by $ 126.6 bn — a ratio of almost two to one.
However, at a glance, the consultants recorded a 42 % level of implementation across the 36 states, other percentages are 60 % for Public expenditure reforms as against 69 % from the NGF, 56 % for PFM which is the same with what the Forum recorded and 35 % level of implementation
for public debt as against 54 % recorded by the NGF.
[50] On 24 May 2010, Osborne outlined # 6.2 bn cuts: «We simply can not afford to increase
public debt at the rate of # 3bn each week.»
To facilitate a deal, the creditors could restate the pledge to help make
Greek public debt sustainable by extending loan maturities and a moratorium on interest payments and lowering interest rates.
Conversely, high
public debt countries are more successful in sheltering their regional economies in the short - run both in terms of economic output and employment.
Correction: This story has been updated to reflect that Catalonia accounts for around 7 percent of Spain's total
national public debt.
The ratings organization stated at the time, «Elected officials remain wary of tackling the structural issues required to effectively address the rising
U.S. public debt burden in a manner consistent with a «AAA» rating.»
Phrases with «public debt»