TORONTO — Fitch Ratings downgraded Ontario's long - term debt rating Friday, highlighting «risks» on the path to the Liberal government's
target of balancing the budget by 2017 - 18.
Not exact matches
Although OPEC and allies have never officially
targeted any specific price
of oil with the production cut agreement, each member
of the pact knows very well where they want oil prices to be in order to
balance their
budgets that have been stretched thin in the price plunge.
The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates
of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the
balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target&ra
target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion
of the
Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving
Target&ra
Target»).
In proposing
balanced budget legislation, the Harper Government has indicated that the debt - to - GDP ratio will continue to decline below its
target of 25 per cent
of GDP.
The numeric average
of different forecasts can be argued to provide a sense
of confidence that the government is not providing upward bias to its projections that would facilitate hitting its 2015
budget balance targets.
As we noted in our assessment
of the November 2013 Update and confirmed by the PBO in a recent article entitled «Revised PBO Outlook and Assessment
of the 2013 Update
of Economic and Fiscal Projections», the Government is using higher - than - required EI premium rates to achieve its
balanced budget target in 2015 - 16, despite the denial
of this by the Minister
of Finance.
The Osborne plan (and the Coalition Agreement) called on Conservative and Liberal Democrat ministers to achieve a cyclically - adjusted
target to reduce government debt as a share
of national income between 2014 - 15 and 2015 - 16 and, politically and economically most significant, to do so by achieving a
budget balance by the end
of the Parliament.
The council can only meet the legal requirement to
balance its
budget by raiding # 3milion from its reserves while carrying out a raft
of mid-year spending cuts, including cutting personal
budgets for adult care users by a fifth and
targeting high - cost adult care packages for reductions (appendices 4 and 5, pages 12 - 13).
I guess most
of us who do
budget (or
budgeting plus short - term
targeted savings, like we do) enjoy some more accountability — or, conversely, freedom — to keep us
balanced.
Right - wing convention backers mounted a strong push in this year's legislative season, but came up empty - handed in several
of their
target states and lost momentum when three states (Maryland, New Mexico, and Nevada) voted to rescind their
balanced budget amendment convention calls.
Professional Skills • Proven ability to meet deadlines • Demonstrated effective management skills including shift scheduling,
balancing of workload and managing the staff • Ability to ensure smooth café running within
budget • Profit loss analysis, setting
of business
targets for the team and meeting them by month end