Sentences with phrase «state borrowing»

(In fact the level of state borrowing for investment currently should be considerable, up approximately 3 - 5 % of GDP).

His creation and creative use of state authorities to bypass the legislature and the cap on state borrowing did not involve consultation, discussion or Gov. Cuomo would say the «paralysis of transparent analysis.»

[13] The government sector had negligible foreign currency liabilities (equivalent to less than 1 per cent of GDP), which were mostly accounted for by liabilities of state borrowing authorities and were hedged almost entirely using derivatives.

«Then there's another dimension to this that has to do with the premia that are being charged on sovereign states borrowings.

The United States borrows money by selling bonds.

A 25 - page report released Tuesday by the state Senate backed more funding for clean water programs as well as new state borrowing to enhance rural water infrastructure.

DiNapoli called for a host of reforms to curtail state borrowing, including a constitutional amendment to limit total debt to 5 % of New York's personal income and a ban on so - called back - door borrowing — the issuance of state - funded debt through public authorities and other entities.

The state's backlog of unpaid bills alone reached $ 16 billion toward the end of 2017 — before the state borrowed more money to pay them down to $ 8 billion.

The state borrowed the money through public authorities to be repaid over decades.

According to the Governor, the state borrowed N2bn from the CBN and deposited it with the Osun State micro finance Bank for the people to assess at free interest.

Morris Peters, spokesman for Cuomo's Division of Budget, said the governor's budget proposal and five - year capital is fully funded because of conservative projections of what the state borrowing cap will allow in coming years, five years of fiscal restraint, and health reserves for the first time in years.

Why should the state borrow and tax money only to give some of it back to those who don't strictly need it?

However, the Ekiti State Government condemned the report that the state borrowed N56bn since Fayose assumed office and that a fresh N25bn loan was applied for.

(2) While the Connecticut's Teacher Pension Fund has 61 percent of the money it needs to meet its obligations, that is because four years ago the state borrowed $ 2 billion to put into the Teacher Pension Fund meaning Connecticut must now re-pay that loan with interest and it still owes $ 9 billion.