Examples of using Fiscal framework in English and their translations into Serbian
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Thus, the Strategy and the Memorandum are an integral part of the preparations of the fiscal framework.
In accordance with the fiscal framework presented in this document, a desired level will be achieved in 2020.
The nine-day talks will focus on the budget rebalance for 2010, as well as the fiscal framework for 2011.
Macroeconomic and Fiscal Framework and Economic Development The general economic situation in the period 2011-2013 was unfavourable.
Thedeficit of the republic budget, or the budget revenues andexpenditures are projected in conformance with the fiscal framework for 2012.
On March 14th, the state government passed the general fiscal framework for 2012-2014, which will enable the adoption of this year's budget.
The euro's growing status as a world reserve currency may be vulnerable to the flaws exposed in the eurozone's fiscal framework.[AFP].
If the drop of public revenues relative to the fiscal framework planned for 2012 is larger or about 1% of GDP, the mentioned savings will not be sufficient.
Fiscal framework was the main topic of the meeting and Serbia was commended for strong fiscal consolidation that has been implemented in the previous period.
The report on the transposition of the Fiscal Compact shows that all parties to the Compact have by now introduced the substance of the Fiscal Compact in their national fiscal frameworks.
Adopt a global fiscal framework and a state budget that will ensure the full functioning of the state-level institutions and the fulfilment of BiH's international obligations.
The Republic of Serbia 2011 budget revision was designed in accordance with the fiscal framework defined on the basis of fiscal rules and the agreed upon Memorandum.
The Fiscal Council assesses that the deficit of municipalities, towns andthe Autonomous Province of Vojvodina will be in accordance with the planned fiscal framework from September.
At the beginning of its mandate, the Government should come out with solid andcredible medium-term fiscal framework that would lead to a significant reduction of the public debt as a share in the GDP.
The Council of Ministers of Bosnia and Herzegovina(BiH) adopted at the session the Economic Reforms Program(ERP) for the period 2019-2021, consisting of five thematic units including structural reform priorities,macroeconomic and fiscal framework.
The programmes outline the medium-term macroeconomic and fiscal framework as well as structural reforms(affecting labour markets, transport, energy, education etc.) to enhance competitiveness and long-term growth.
In order to make up for the loss on this ground,the republic budget has been forcedly reduced on the positions of discretionary spending(see Section 5:"Fiscal Framework for Individual Government Levels").
In terms of the sectoral structure,owing to good fiscal results and sustainable fiscal framework, the public sector is expected to deleverage in net terms, while the private sector is expected to engage in net borrowing in order to finance growth.
The 2010 budget also includes a package of measures cutting expenditure by around 2% of GDP and raising revenue by around 0.5% of GDP… a Fiscal Responsibility Law introducing a binding medium-term fiscal framework has been submitted to parliament.
Minister of Finance Dušan Vujović spoke today at the Conference“Macroeconomic and fiscal framework for successful implementation of the initiative- One belt- One Road” held in the capital of the People's Republic of China.
The said fiscal framework limits a possible deficit increase at the Republican level by approximately 13 billion dinars, taking into account that the fiscal result will on all other government levels remain approximately identical against the plan from the beginning of the year.
Successful implementation of these reforms would unlock not only World Bank funds, butit remains a critical condition for the satisfactory implementation of the fiscal framework BiH agreed with the IMF," the Bank's BiH Country Manager, Marco Mantovanelli, told SETimes.
The basis for the budget revision is the modified fiscal framework for general government and individual government levels that has been agreed by the Memorandum of Economic and Financial Policies(Memorandum) between the RS Government and the International Monetary Fund(IMF).
The period in which current expenditures need to be lowered is an additional limitation since the Fiscal Council's estimates point to unsustainable public debt growth in the absence of early commencement of fiscal adjustment(see Section 7:"Fiscal Framework for 2013 and 2014").
We encourage the BiH authorities to continue to tackle the problems of the state budget for 2012, and[develop]a global fiscal framework in order to fully ensure the functioning of state institutions and the fulfillment of the international obligations of BiH," he concluded.
At the press conference on the occasion of the first review of the results of the implementation of the new program of macroeconomic and structural reforms, supported by the Policy Coordination Instrument(PCI),held in the Government of Serbia, he pointed out that the fiscal frameworks for 2018 were agreed with the IMF. year.
A part of the document related to the macroeconomic and fiscal framework was prepared by the Ministry of Finance in cooperation with the National Bank of Serbia, which relies to the great extent on the 2019 Fiscal Strategy with projections for 2020 and 2021.
At the press conference on the occasion of the first review of the results of the implementation of the new program of macroeconomic and structural reforms, supported by the Policy Coordination Instrument(PCI),held in the Government of Serbia, he pointed out that the fiscal frameworks for 2018 were agreed with the IMF. year.
The macroeconomic and fiscal framework was prepared by the Ministry of Finance in cooperation with the National Bank of Serbia, relying mainly on the Fiscal Strategy 2016 with projections for 2017 and 2018, while the RSPP coordinated the process of identifying the main obstacles to economic growth and competitiveness, and the formulating the policies in cooperation with the competent institutions.