Not exact matches
For example if
local governments are forced to sell off assets and use the proceeds to write down or repay
debt, they can
reduce the
debt burden without
reducing total spending.
I disagree completely, and not just because transferring bad
debt from
local governments to the central government, while undoubtedly
reducing the probability of a legal default, does not in the slightest way address the cost of resolving the bad
debt.
Federal, state and
local governments, if your contribution is solely for public purposes, such as a gift to
reduce the public
debt or maintain a public park
In the 2006 Budget, the government promised to
reduce the deficit by $ 3 billion per year; to
reduce the federal
debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector
debt (which includes the federal, provincial and
local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDP.
Ahead of the next congress of the Chinese communist party in October, where President Xi Jinping will unveil his new leadership team, there have been indications that Chinese policymakers have increasingly shifted their emphasis away from potentially disruptive reforms aimed at
reducing excessive
debt levels, particularly among
local governments, and toward stabilizing the level of economic growth.
Hence, a sizeable number of
local authorities successfully applied participatory budgeting to develop a strategy for
reducing the public
debt.
• We promised to restore Teacher training allowances and we have delivered • We promised to end dumsor and we have delivered • We promised to
reduced fertilizer prices by 50 % and we have delivered • We promised to establish a Ministry of Zongo and Inner City Affairs and we have delivered • We promised to increase and pay peacekeeping allowances increased from $ 31 to $ 35 and we have delivered • We promised to increase the share of the DACF to persons with disabilities from 2 % to 3 % and we have delivered • We promised a stimulus package to support
local industry and we have delivered • We promised to implement a National Entrepreneurship and Innovation Plan and we have delivered • We promised a more efficient port system and we have delivered • We promised to
reduce the rapid rate of borrowing and accumulation of the public
debt and we have delivered • We promised to restore economic growth and we have delivered • We promised to
reduce inflation and we have delivered.
Federal, state, and
local governments, if your contribution is solely for public purposes (for example, a gift to
reduce the public
debt or maintain a public park)
COLCA TREK pays taxes to the Peruvian government in a regular basis, this means we help to develop the Peruvian economy, to improve
local infrastructure and to
reduce the country's heavy external
debt.