When delivering the government work report on March 5, Premier Wen Jiabao said, "China will carry out the stable fiscal policy this year and cut down the fiscal deficit accordingly, plan to arrange a central fiscal deficit of RMB300 billion, which is RMB19.8 billion less than last year."...
Fiscal deficit this year is projected to be 3 percent of GDP, or 2.38 trillion yuan (about 345 billion U.S. dollars),according to a government work report delivered by Premier Li Keqiang on Sunday. The deficit-to-GDP ratio will stay unchanged from last year, with the fiscal deficit figure...
Hong Kong's financial secretary said the city's government is heading for its first budget deficit since 2004. Delivering his assessment of the economy in the current fiscal year, Paul Chan said the riots and unrest had contributed to a two-percent decline in GDP, and the...
China sets its government fiscal deficit this year at 2.38 trillion yuan (about 345 billion U.S. dollars), or 3 percent of its GDP, an increase of 200 billion yuan over last year, according to a government work report available to the media ahead of the
重点应该放在刺激家庭支出和刺激新兴领域的发展上,具体包括:为家庭提供补贴,增加城市交通和绿色转型所需的相关预算。 "I think the big remaining opportunity for China in terms of delivering stimulus is to leverage the central government's balance sheet. And that means a bigger fiscal deficit and a bigge...
I called GE Po-choi, 19 years old this year. 翻译结果2复制译文编辑译文朗读译文返回顶部 正在翻译,请等待... 翻译结果3复制译文编辑译文朗读译文返回顶部 I called Ge Bao fiscal deficit, 19 years old this year. 翻译结果4复制译文编辑译文朗读译文返回顶部 ...
She said that the issuance of special-purpose local government bonds, a key funding source of infrastructure investment that is usually not included in fiscal deficit, will likely be of similar scale as this year — about 3.8 trillion ...
The purpose of properly raising the deficit rate is to increase its sources of funds for the general budgetwhich is conducive to expanding the expenditure of the general budget. Luo Zhiheng, Chief Economist of Yuekai Securities This year's increase in the overall deficit ratio is in line with ...
The U.S. government has had a fiscal deficit in most of the years since World War II. Understanding the Fiscal Deficit A fiscal deficit, which is also commonly called a national deficit, occurs when a country’s government spends more money than it earns during thefiscal year. This means ...
government spends more money than it brings in during thefiscal year. This imbalance is common among global economies. Between 1970 and 2022, the U.S. government has had higher expenditures than revenues for all but four years.1As of September 2023, the U.S. national deficit was $1.52 ...