Revenues
in sentence
1273 examples of Revenues in a sentence
In particular, government expenditure should be determined by an estimate of permanent income (including the sustainable contribution from resource revenues), while cyclical revenue would be saved in a sovereign-wealth fund.
Similar to Chile and Norway’s well-known precedents, such a rule would stipulate that all energy-price windfalls automatically be saved, and that government spending be determined by cyclically adjusted tax
revenues
and a share of energy
revenues.
Finally, some promising ideas have virtually never been tried at all: denominating bonds in oil prices instead of dollars, to protect against the risk of a price decline; choosing commodity-price targeting as an alternative to inflation targeting or exchange-rate targeting for anchoring monetary policy; and distributing oil
revenues
on a nationwide per capita basis, to ensure that they do not wind up in elites’ Swiss bank accounts.
The 43% increase in opium production in just the last year both reflects and reinforces the growing strength of these groups, which use drug-trafficking
revenues
to finance their operations.
Such RZs can help the resource-rich Afghanistan to replace aid with foreign direct investment and export
revenues.
In the wake of the resulting collapse of export receipts and budget revenues, OPEC adopted a new approach, based on a modernized production agreement with two key features: greater flexibility for countries facing especially complex internal conditions (such as Libya) and the inclusion of non-OPEC producers, particularly Russia.
Higher oil prices tend to erode production discipline in OPEC, particularly by members (such as Nigeria and Venezuela) that have historically rushed to secure higher
revenues
to mitigate difficult budgetary conditions, at the expense of their peers (such as Saudi Arabia and the United Arab Emirates).
This means that producers should resist the temptation to use their higher
revenues
for new recurrent spending.
This taming of America's budgetary headaches came, indeed, without much effort: the country's improvement in its public finances has been a quasi- mechanical consequence of economic growth and a robust increase in federal government tax
revenues.
With the risk premium at current levels, there is a real danger that Greece may not be able to extricate itself from its predicament, regardless of what it does, because further budget cuts would further depress economic activity, reducing tax
revenues
and worsening the debt-to-GDP ratio.
In 1975, New York had to pledge its future tax
revenues
to its creditors in order to remain solvent.
In much of the developing world, investing in sustainable development is complicated by the fact that tax
revenues
are too low to pay for what is needed.
Little wonder, then, that Argentina's current crisis is so harsh: the portion of its economy that can generate the export
revenues
necessary to repay foreign debt is too small.
Of course, this will depress real wages and consumption, because the rise in peso
revenues
will be used instead to finance the investment needed to expand the export sector.
Until now, its success was based on positive competition between local governments and different ministries, benchmarked according to performance indicators such as GDP and fiscal
revenues.
Resurgent prices for commodities are creating huge
revenues
for owners of mines and oil fields, even as price spikes for basic staples are sparking food riots, if not wholesale revolutions, in the developing world.
That is true even in a country as flexible, small, and open as Ireland, where unemployment increased last month to 14.5%, emigration notwithstanding, and where tax
revenues
in November ran 1.6% below target as a result.
But, while developing-country
revenues
have grown 14% annually since 2000, average tax
revenues
in the poorest countries stand at only 10-14% of GDP, compared to 16-20% in middle-income countries and 20-30% in high-income countries.
Collectively, the top 20 drug makers’ annual
revenues
are around $600 billion, and their annual profits are somewhere between $150-200 billion.
An annual contribution of $2 billion would be less than 0.33% of combined annual revenues, and less than 2% of annual profits.
They can play a particularly important role in countries with rapidly aging populations, as they support much-needed labor-force growth, improve old-age dependency ratios, and contribute tax
revenues.
Moreover, the most efficient sources of government
revenues
at the time were tariffs and taxes collected at the external border.
Federal assumption of the states’ war debts also yielded an advantage in terms of economic development: once states no longer had any debt, they had no need to raise any
revenues
through direct taxation, which might have impeded the growth of America’s internal market.
Indeed, after the federal government assumed the states’ debt (already a small part of the total), state
revenues
fell by 80-90%.
Hamilton estimated that the federal government could raise enough
revenues
to pay approximately 4% interest on the total amount of debt to be serviced – significantly less than the 6% yield on the existing obligations.
For the country’s first few years, debt service swallowed more than 80% of all federal
revenues.
Fortunately, the opposite happened: federal
revenues
tripled under the impact of a rapid post-war reconstruction boom, and continued to grow rapidly, aided by the country’s ability to remain neutral while wars ravaged the European continent.
By contrast, growth prospects in Europe today are rather dim, and interest payments, even for Greece or Italy, account for less than 20% of total
revenues.
These investments bring a modest real financial rate of return of 4% through fees, tolls, and, in the longer run, tax
revenues
(stemming from an increase in GDP).
If the EU were to require companies to publish detailed information regarding production and operational numbers, financial and accounting balances, and payments to authorities, companies would become truly accountable to citizens, and government
revenues
would be augmented.
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