Medium-term budgetary objectives
WebThe expenditure benchmark complements the medium-term budgetary objectives (MTO) by putting growth in net expenditure on a sustainable path and therefore helping to … Webthe creation of a climate of medium-term price stability, with the need to control the rapid growth of public spending relative to nominal income, and with the intention to …
Medium-term budgetary objectives
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WebMedium-Term Budgetary Objectives (MTOs) The expenditure benchmark Stability and convergence programmes Legal basis and related stages Significant Deviation … WebMany translated example sentences containing "medium-term budgetary objective" – Dutch-English dictionary and search engine for Dutch translations. medium-term …
Webprogramming law presented to parliament. More specifically, the medium-term fiscal strategy is characterised by the following two budgetary targets: o restoring public finances in structural terms, i.e. achieve a medium-term budgetary objective (MTO) of +0.5% GDP by the end of the current legislative period; Webmedium term budgetary objectives need to be enforced by law, being passed by the Parliament. The revision of the Stability and Growth Pact in 2005 has placed a special emphasis on the issue of increasing the quality of fiscal governance in Europe. Numerous studies signed by the European Commission, OECD,
WebMedium-Term Budgetary Frameworks, Fiscal Rules and Fiscal Councils - Options to Ensure Fiscal Sustainability (MTBF) This course, presented by the Fiscal Affairs … Web17 mrt. 2024 · The MTO refers to the budgetary structural balance (between government revenue and government expenditure) that safeguards a country against the risk of …
WebVertalingen in context van "objectives in the medium term" in Engels-Nederlands van Reverso Context: The decision and the strategy entail two strategic objectives in the medium term: Vertaling Context Proeflezer Synoniemen Vervoegen. Vervoegen Documents Woordenboek Collaborative Dictionary Grammatica Expressio Reverso …
WebObjectives. The MTEF is intended to facilitate a number of important outcomes: greater macroeconomic balance; improved inter- and intra-sectoral resource allocation; greater … townsville centralWebThe medium-term budgetary objective is the cornerstone of the preventive arm of the SGP. The MTO was introduced with the reform of the SGP in 2005 and reflects the … townsville central schoolWebway that corresponds readily with national objectives. A medium-term expenditure framework (MTEF) is an important tool in setting a basis for the annual budget. To be effective, an MTEF should have real force in setting boundaries for the main categories of expenditure, for each year of the medium-term horizon; should be fully townsville chamber music festival 2023Web13 dec. 2011 · The medium-term budgetary objectives shall ensure the sustainability of public finances or a rapid progress towards such sustainability while allowing room for budgetary manoeuvre, considering in particular the need for public investment. townsville central hotelWebMedium-Term Budget Frameworks in Advanced Economies: Objectives, Design, and Performance JASON HARRIS, RICHARD HUGHES, GÖSTA LJUNGMAN, AND CARLA … townsville chiefsWebVeel vertaalde voorbeeldzinnen bevatten "medium-term budgetary objective" – Engels-Nederlands woordenboek en zoekmachine voor een miljard Engelse vertalingen. … townsville charitiesWeb8 aug. 1998 · budgets, medium-term spending projections enable governments to evaluate cost-effectiveness and to determine whether they are attempting more than they can … townsville central ss