Примери коришћења Deficit reduction на Енглеском и њихови преводи на Српски
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Additional measures and deficit reduction below 3% of GDP in 201811.
The Deficit Reduction Act of 2005, alternatives to this rulemaking are.
On the other hand,it implies very strict measures for deficit reduction not only in 2014, but in 2015 and 2016.
The Deficit Reduction Act of 2005, signed into law in 2006, requires this procedure.
The Fiscal Strategy should also consider andplan better all aspects of suggested measures for the deficit reduction.
That is why we had to put a deficit reduction plan in place, and nothing should make us turn away from that objective.”.
A decrease of 5% in the state spending for salaries has been planned for 2016 andit is one of the main measures for deficit reduction in that year.
The foundation for deficit reduction in these years lies in the structural reforms that should have already been started, but are running late.
If the starting point would be lower(2014 deficit lower than 6.5% of GDP), such deficit reduction in 2015 and 2016 would be adequate.
Consequently, the deficit reduction of 1.7 billion euros over the next three years will require the savings of nearly 2 billion euros.
Such an indexation will make savings in the budget of around 1% of GDP, butit will still not be sufficient for a more considerable deficit reduction in 2014.
After 2015, deficit reduction will rest on structural reforms, the foundations of which should be laid in 2015- but they are running late.
The tax increase and the real reduction of allocations for wages andpensions will ensure a deficit reduction by over RSD 100 billion in 2013.
The deficit reduction in the short term will be achieved primarily by increasing taxes and reducing the increase in pensions and public sector wages.
Prime Minister Duško Marković spoke about the country's economic recovery, which is reflected in high growth rates, deficit reduction and excellent budget filling.
The two most important measures of structural deficit reduction in 2015 are salary and pension cuts and suspended issuance of new guarantees for covering the losses of public and state-owned enterprises.
The fiscal deficit will exceed 5.5% of GDP in 2013 instead of the planned 3.6% of GDP,even with the latest Government measures for deficit reduction.
University of Leicester Financial Economics Professor Panicos Demetriades told SETimes the government's deficit reduction plan is credible, but should be careful not to go overboard.
If the deficit reduction in 2014 supposes such a plan, this should have been mentioned in the Draft Fiscal Strategy while, to the contrary, the proposed limitations of expenditures per ministries are not consistent with the planned reduction of fiscal deficit. .
The IMF recognises lately that too much austerity delivered too quickly has deleterious effects on growth,which can undermine the success of any deficit reduction plan," Demetriades said.
Papandreou said the country is on track to meet the structural reform and deficit reduction targets envisioned in the bailout ending in 2013, and that there are no plans to seek an extension of the programme.
While Senate customs have created supermajority rules that have diminished this Constitutional power,the Vice President still retains the ability to influence legislation(e.g. the Deficit Reduction Act of 2005).
Structural reforms planned in the fiscal consolidation package are not implemented, which reduces the possible sources of savings and of deficit reduction in 2014. Therefore, so as tomake necessary deficit reduction in 2014, the Government has a very limited number of measures at its disposal- the increase in the rate of a generous tax and/or wage and pension control.
While Senate customs have created supermajority rules that have diminished this constitutional tie-breaking authority, the vice president still retains theability to influence legislation; for example, the Deficit Reduction Act of 2005 was passed in the Senate by a tie-breaking vice presidential vote.
On the contrary, strong economic growth in the past year and this year testifies that the measures of fiscal consolidation werewell-measured"said State Secretary Vujosevic, adding that the measures contributed to a strong growth in revenues of close to 200 million euros this year and a deficit reduction compared to 2017….
The only way Trump will square his promises of higher infrastructure anddefence spending with large tax cuts and deficit reduction is a heavy dose of what used to be called voodoo economics.
For this reason, it is necessary to adopt new, sharp savings measures by the end of the year, since, otherwise,2014 fiscal deficit will not be decreased to the adequate level(Fiscal Council's assesses that the public finances sustainability requires deficit reduction in 2014 of over 2% of GDP in comparison to the 2013 level).
If the fiscal deficit in 2014 gets reduced to the level of 6-6.3% of GDP instead of the currently planned 7.1% of GDP,additional- further deficit reduction by 3.9% of GDP by 2016 would lead to the 2016 deficit of below 2.5% of GDP.
The latest response of the Government to the unfavourable fiscal trends includes three groups of measures: 1 Republic budget rebalance- which would provide for certain savings by the end of 2013, 2 limitation of growth of public sector pensions andwages in the following one year and a half- for deficit reduction in 2014 and 3 structural reforms- so as to make savings in the medium run and attain permanent recovery of public finances.