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Fiscal in sentence

6883 examples of Fiscal in a sentence

Meanwhile, India’s growth rate has plunged as a result of faltering economic reforms and unsustainable budgetary choices: it now has record-high fiscal and current-account deficits.
Italy has received a number of waivers from EU fiscal rules in recent years, allowing it to increase its deficit somewhat.
Now that prices have dropped, these countries are facing huge imbalances and fiscal strain.
Investors were initially giddy about Trump’s promises of fiscal stimulus, deregulation of energy, health care, and financial services, and steep cuts in corporate, personal, estate, and capital-gains taxes.
For starters, the anticipation of fiscal stimulus may have pushed stock prices up, but it also led to higher long-term interest rates, which hurts capital spending and interest-sensitive sectors such as real estate.
If this happens again under Trump, fiscal deficits will push up interest rates and the dollar even further, and hurt the economy in the long term.
With the US economy already close to full employment, Trump’s fiscal stimulus will fuel inflation more than it does growth.
Third, this undesirable policy mix of excessively loose fiscal policy and tight monetary policy will tighten financial conditions, hurting blue-collar workers’ incomes and employment prospects.
Partly because of the floods, which will shave off at least 1% from GDP, partly because of the administration’s inability and unwillingness to curb non-essential expenditures, and partly because of slowing export growth, Pakistan is once again facing serious fiscal and balance-of-payments problems.
If countries that abide by the EU’s new Fiscal Compact were allowed to convert their entire stock of government debt into Eurobonds, the positive impact would be little short of the miraculous.
Italy, for example, would save up to 4% of its GDP; its budget would move into surplus; and fiscal stimulus would replace austerity.
In accordance with the Fiscal Compact, member countries would be allowed to issue new Eurobonds only to replace maturing ones; after five years, the debts outstanding would be gradually reduced to 60% of GDP.
Admittedly, the Fiscal Compact needs some modifications to ensure that the penalties for noncompliance are automatic, prompt, and not too severe to be credible.
A tighter Fiscal Compact would practically eliminate the risk of default.
The boost derived from Eurobonds may not be sufficient to ensure recovery; additional fiscal and/or monetary stimulus may be needed.
The result is a massive budget deficit, which will expand to gargantuan proportions in the coming year (perhaps $1 trillion) under the added weight of recession, bank bailouts, and short-term fiscal stimulus measures.
Obama will need to put forward a medium-term fiscal plan that restores government finances.
Moreover, some countries continue to pursue fiscal austerity, instead of consolidating their budgets by, say, addressing large-scale tax avoidance and evasion by major companies and wealthy individuals.
A concrete and credible program of tightening fiscal discipline and restructuring private-sector debt is essential.
There is therefore an urgent need for macroeconomic and fiscal coordination at the EU level.
First, although Europe might be able to scrape through the current crisis on austerity alone, it would be left ill-equipped to address deeper structural shortcomings, to say nothing of making progress on fiscal, banking, and political union.
Today, the Fed is once again acting independently to ward off the inflationary effect of fiscal expansion.
Still, European governments typically complain about the lack of fiscal resources to support R&D (a far fetched argument given the miniscule share of research spending in the oversized European budgets) and, whenever the European Commission allows them, they subsidize innovative firms, or those that they think are more likely to invest in R&D.
The Road to Fiscal CrisisWASHINGTON, DC – It has become fashionable among Washington insiders – Democrats and Republicans alike – to throw up their hands and say: We ultimately face a major budget crisis in the United States, particularly as rising health-care costs increase the fiscal burden of entitlements like Medicare and Medicaid.
By 2050, there will undoubtedly be a fiscal problem – but, again, there is plenty of time to ignore it.
Dangerous financial systems pose big fiscal risks.
That point will be reached when saving the big banks, protecting their creditors, and stabilizing the economy plunges the US government so deeply into debt that its solvency is called into question, interest rates rise sharply, and a fiscal crisis erupts.
With oil exports accounting for nearly 90% of government revenue, the pressure on Saudi finances has been intense; the fiscal balance has swung from a small surplus in 2013 to a deficit of more than 21% of GDP in 2015, according to projections by the International Monetary Fund.
These steps would require the IMF mission teams to become more diverse, bringing financial sector expertise in addition to the traditional macro and fiscal skills.
At the outset, it must be stressed that, in seeking earlier entry into the EMU a country assumes a more ambitious fiscal and structural program than would be needed if EMU membership is delayed.
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