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Fiscal in sentence

6883 examples of Fiscal in a sentence

And, however regrettable the uneven application of the EU’s fiscal rules, the European Commission’s recent decision to give France more time to reduce its budget deficit to 3% of GDP is welcome, coming as it did against the backdrop of a weak economy.
Finally, there are the more ambitious reforms – fiscal union and political union – that must complement monetary union if Europe is to avoid a similar crisis in the future.
If there is one lesson to be learned from Europe’s recent travails, it is that monetary union without fiscal and political union will not work.
Yet, given intense opposition to further fiscal and political integration, progress, if it is to occur, will entail difficult and divisive negotiations.
The rapid deterioration of fiscal position after the crisis made any substantial countercyclical response impossible, while regulatory constraints limited the economy’s structural flexibility.
The likely adjustment of Europe’s fiscal strategy offers a glimmer of hope, but it does not address the challenge of restoring long-term growth.
But workers who worry about being laid off are unlikely to go spend, regardless of how much money fiscal stimulus puts in their pockets.
Germany has dragged its feet on fiscal stimulus, stymieing what should have been the second leg of a globally coordinated fiscal action plan.
Alas, the best that can be hoped for at this stage is that Europe will not undermine the global fiscal stimulus that even the International Monetary Fund, the guardian of fiscal orthodoxy, regards as absolutely essential.
But America’s large fiscal deficit, along with continuing uncertainty about its financial markets, mean that the dollar is also potentially vulnerable.
Based on the revised GDP figures, India is expected to average 7.4% growth in the fiscal year ending March 2015.
Moreover, the country is projected to grow at an 8-8.5% rate in the next fiscal year.
While there is no significant effort to cap spending on some of the largest fiscal programs, including the National Rural Employment Guarantee Act (which guarantees 100 days of wages to rural households) or the fertilizer subsidy, measures to improve implementation and reduce leakage are being put in place.
Despite raising expenditure substantially, however, the budget relies mainly on growth and improved tax collection to keep the country's fiscal deficit within reasonable limits.
His administration needed to address the fiscal and external imbalances, without undoing the progress in social inclusion that had been made over the previous decade.
Third, the Central Bank of Argentina announced that it would follow an inflation-targeting regime, instead of continuing to rely mainly on seigniorage to finance the fiscal deficit.
Once the deal was concluded, Argentina pursued massive new external borrowing, with the emerging world’s largest-ever debt issue, to help address its sizable fiscal deficit.
Macri’s macroeconomic policy approach – which also included increasing prices for public services that had been frozen by the previous government and implementing a tax amnesty program that provided the government with more fiscal revenues – rested on several controversial assumptions.
Moreover, Argentina’s fiscal deficit has increased, owing to the drop in revenues brought about by the recession.
To escape its perverse debt dynamics, Argentina must reduce its fiscal deficit.
Under current conditions, attempting to resolve the problem through a fiscal contraction would merely aggravate the recession.
Iran has three options for overcoming its current economic hardships: restructure the economy, balance the budget, and promote exports through a robust fiscal policy.
The country’s economic health would slowly be restored through a lengthy process of restructuring and the adoption of more responsible monetary and fiscal policies.
Moreover, although fiscal and monetary stimulus in China can compensate in the short term for weaker export demand, this will not be enough to sustain demand growth without economic “normalization” in the developed countries.
Finally, debt sustainability, fiscal prudence, and sound money are also obviously compatible with diverse institutional arrangements.
For starters, Trump and congressional Republicans have pursued a massive pro-cyclical fiscal expansion, producing virtually unprecedented peacetime budget deficits in the absence of a recession.
What he misses are two fundamental drivers of that depreciation: his own fiscal and trade policies.
On Keynesian fiscal stimulus, economists’ views range from “absolutely essential” to “ineffective and harmful.”
Romney’s fiscal plan thus reduces deficits sufficiently to decrease the debt-to-GDP ratio.
Whoever wins, a fiscal cliff looms at the end of 2012.
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