The welfare budget is the bit of public spending that has risen the furthest and the fastest and if we are going to get control of public
spending on a sustainable basis, we are going to have to do more to tackle the growth in the welfare budget.»
Not exact matches
GFI is entirely supported by grants and donations.79 Their three largest donors provided a total of around 25 - 40 % of their funding in 2016, and we would expect those donors to provide a similar, perhaps slightly larger, amount of funding in 2017 — though GFI's intention is to raise significantly more money overall.80, 81 GFI's fiscal management strategy is to
spend each year what it raised the prior year; this enables them to budget
on a rolling 12 - month timeframe.82, 83 Overall, we think that while their funding sources are not especially diverse, they do rely
on a relatively broad donor
base and take a responsible and
sustainable approach to their finances.
That is money that could deliver significant value for Nigeria as we seek to increase
spending on critical infrastructure and establish a
basis for long term
sustainable growth.
At the bottom of the Ballparkinator is the so - called «backwards method», which uses a set
sustainable withdrawal rate (variations
on the 4 % «rule») plus any gaps in
spending to see how big a nest egg Elrond needs at the beginning of retirement, then figures out how much he needs to save each year to get to a nest egg that size
based on the various real return rates (note that this ignores taxes).