Deficit reduction 

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dutch fiscal framework history current practice and role cpb pdf
... deficit of less than 0.75% gdp, windfall was to be used for deficit reduction and 50% for additional tax relief. if the general government deficit is more than 0.75% gdp, then windfall was to be used for deficit reduction ...
cpb.nl

Generational accounts [PFP#1092202780]
... of age profile with tax increase without tax increase with tax reduction without tax reduction thousands of guilders net benefit of 60 year olds year olds ... this entails an investment cutback gdp. the tax level remains unchanged, implying a deficit reduction. 36 table13 possiblemeasurestoobtaingenerationalbalanceandits intergenerational effects effect on net lifetime benefit of measurea future ...
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Investment Outlook mei Engels pdf
... surrounding the european debt crisis flared up again when spain announced that the projected public deficit reduction could not be achieved. markets are becoming more sensitive to this kind of negative news ... to buy relatively large quantities of italian and spanish government bonds, which supported a sharp reduction in effective yields on these bonds.the positive effect is that the european debt ...
abnamro.nl

Microsoft Word - Russia - 270907- binnenwerk - final.doc
... trend will continue in the coming years, but we do not foresee a current account deficit, at least up until 2010. strong inflows of foreign capital will more than compensate for ... mortgages as well as the rise of the corporate bond market are particularly encouraging. the reduction in borrowing costs was very helpful in enhancing credit growth as were improvements in the ...
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asn-inet-bel-eng.indd
... by international capital flows. in view of the us trade deficit, central banks in asia and russia moved part of their reserves ... 2004. profit prospects improved strongly as a result of debt reduction and the sales potential for the third-generation mobile network. ... being cut to 30%. waste processing remains at 20%. the fee reduction was possible because the manager has already taken the remaining ...
asnbank.nl

untitled
... operations.' main concern is the relatively high budgetary deficit the authorities agreed with the imf team on the need for a comprehensive expenditure reduction program, aimed at rationalizing the size of government ...
triodos.nl

Teb Nv
... last quarter of year. both the decline in inflation and the cbt's policy rate reduction are expected to continue secondary market bond rates followed a similar pattern. accordingly, the benchmark ... other hand, falling energy prices led to a substantial decline in the current account deficit. the current account deficit narrowed by 53% during september- november 2008 compared to the same period in ...
tebnv.nl

untitled
... economy was undesirable. in fact, the ratio of the current account deficit to gdp continued to climb during 2006, reaching nearly 8.3 ... 2007. on the other hand, the unexpected fall in the trade deficit in december has naturally led to a question of whether ... equity and treasury bills. as a result, there was a strong reduction in daily market liquidity. consequently, we followed our prudent approach and ...
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ar2001.pdf
... target andturkey'sprimarysurplus in2001wasusd11.9billion,or6.7percent ofgnp,excludingusd0.7billion transfersonsocialspending.thebudget deficit wasusd21billion,4percent lowerthanthetarget. turkey's external balances improved substantially in 2001 ... the investment portfolio, unless sales are made in connection with a structural reduction of the investment portfolio.if,on balance,losses on the sale of ...
garantibank.nl

03/8139_Jaarverslag binnen 2002
... expenses and have rationalized costs,which has resulted in a total reduction of almost 12 percent of total expenses at year-end. the ... limit of 3 percent,by aggregating a deficit of 3.8 percent.in the netherlands the budget deficit was 0.8 percent. the fall ... investment portfolio,unless sales are made in connection with a structural reduction of the investment portfolio.if,on balance,losses on the sale ...
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