Sentences with phrase «recent budget forecast»

Mr Loynes said there was now a risk the full - year deficit could overshoot the recent Budget forecast put forward by the Office for Budget Responsibility.

In your most recent budget forecast the deficit in 2015 - 16 is forecast to be only 0.1 per cent of GDP.

Not exact matches

I put more faith in futures markets than in private sector and budgetary forecasts, but given the recent escalation of oil prices, there is a reasonable chance prices end up matching or exceeding the estimates in Budget 2016.

Finally, changes since recent budgets were examined to understand the nature of past variances and whether there may still be biases in the current forecast.

Taking into account recent private sector forecasts for economic growth for 2015, would, in fact, eliminate the $ 1.4 billion budget surplus, as well as the $ 1 billion Contingency Reserve.

The recent private sector «average» forecast should be discarded as a basis for budget planning.

The statement did not mention the extra government stimulus that has been added since the Fed's most recent economic forecast in the form of a $ 1.5 trillion tax cut and a budget agreement that will add $ 300 billion in government spending over two years.

Especially since recent tax revenue forecasts show that New York has collected $ 800 million more in the first quarter of the 2011 - 2012 budget.

In its most recent forecast, the Bank of Canada predicted the economy would grow by 1.4 per cent this year, but that did not account for the new spending in the budget, which forecasts a deficit this year of nearly $ 30 billion.

In this and a subsequent blog posting, I summarize my recent presentation for Business of Law Blog readers who are similarly challenged by the issues of budgeting and forecasting.