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Deficit in sentence

2808 examples of Deficit in a sentence

If Argentina has a balance of payments deficit, i.e. the dollar receipts from abroad are less than the payments due abroad, the quantity of currency (high-powered or base money) automatically goes down.
Under the pegged system, when Thailand had a balance of payments deficit, the Bank of Thailand did not have to reduce the quantity of high-powered money.
It had the alternative of drawing on its dollar reserves or borrowing dollars from abroad to finance the deficit.
It is never easy to know whether a deficit is transitory and will soon be reversed or is the precursor to further deficits.
In Argentina, the budget deficit is 7% of GDP.
Though overall economic activity is weak, the current-account deficit has reached a 12-year high of 3.5% of GDP.
Meanwhile, Spain’s budget deficit was 5.7% of GDP last year, the highest in the EU.
As the country heads toward an election later this year, the European Commission has sanctioned the widening of its structural deficit.
One would prefer to see Mexico’s presidential candidates offer platforms with ideas and proposals that respond to the challenges facing the country, but this substance deficit occurs everywhere now, almost all the time.
To meet the double challenge of climate change and this energy deficit, African countries need to help themselves and one another.
In the race for votes, Ghana’s current-account deficit increased, owing to heavy fuel subsidies and a 47% increase in payouts to public-sector workers.
President Barack Obama’s Office of Management and Budget announced that the federal government’s deficit this fiscal year will be about $600 billion, up by $162 billion from 2015, an increase of more than 35%.
Although the US debt-to-GDP ratio doubled in the past decade, the Obama administration and Congress ignored the problem, focusing instead on the annual deficit’s decline since 2012 and the relative stability of the deficit as a share of GDP.
That projected interest cost may be much less than it would actually be if the rest of the deficit and debt forecast turns out to be correct.
A small deficit (1.6% of GDP) would emerge even before spending on defense and other annually appropriated “discretionary” programs.
The bright spot in this bleak picture is that it would not take much in terms of annual deficit reductions to prevent the rise in the debt ratio, or even to bring it back to where it was a decade ago.
Reducing the annual deficit by 1.7% of GDP by any combination of reduced spending and higher revenue would, if begun in 2017, prevent an increase from the current 75% debt-to-GDP ratio.
And reducing the deficit by 3% a year would reverse the debt trajectory and bring it back to where it was in the decades before the recession.
Despite some prominent women at the top of Latin American politics, the general absence of women from the region’s political life causes a serious democratic deficit.
The structural budget deficit has also been smaller under Democratic presidents (1.5% of potential GDP) than when Republicans have been in office (2.2%), though this has not stopped Republicans from criticizing Democrats for excessive spending.
Although rules on shadow-banking have yet to be formulated, another problem exposed by the crisis has abated: America’s external deficit has shrunk to a much more manageable 2-3% of GDP, accompanied by drops in the surpluses run by Japan and China.
In a speech at the annual gathering of central bankers in Jackson Hole, Wyoming, in 2014, Mario Draghi, the ECB’s president, explained that three things could improve economic performance in Europe:But Draghi went on to predict that Germany would not create a fiscal deficit and that Italy and France would not undertake the needed structural reforms.
The result is a trade deficit now standing at over $400 billion per year.
That trade deficit is financed by foreign investments in America, as savers the world over increase their holdings of US stocks and bonds.
The private-sector financial balance swung from a deficit of 3.7% of GDP in 2006, at the height of the boom, to a surplus of about 6.8% of GDP in 2010 and about 5% today.
The American Taxpayer Relief Act – the tax deal reached in early January to avoid the “fiscal cliff” – shaves about $750 billion from the deficit over the next ten years and could take a percentage point off the 2013 growth rate.
Spending cuts and revenue increases that have been legislated since 2011 will reduce the projected deficit by $2.4 trillion over the next decade, with three-quarters coming from spending cuts, almost exclusively in non-defense discretionary programs.
Moreover, despite the warnings of deficit alarmists, the US does not face an imminent debt crisis.
During the last two years, Washington has been obsessed with the need to cut the deficit and put the debt/GDP ratio on a “sustainable” path, even as global investors have flocked to US government debt, driving interest rates to historic lows.
The considerable progress that has been made on deficit reduction over the next ten years has been overlooked.
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