Word: fiscal
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...would provide Turkey loans of as much as $10 billion, if needed, expired in May and hasn't been renewed. In a speech to the IMF this month, Economics Minister Mehmet Simsek gave no hint about when - or if - a new deal will be struck, although he vowed that "fiscal discipline remains the cornerstone of our economic program." In the meantime, relations between Erdogan and the business community, never overtly cordial at the best of times, have turned nasty. This month, after the head of the leading business lobby, the Turkish Industrialists' and Businessmen's Association (TÜSIAD), criticized...
...Health Alliance isn’t the only hospital system affected. Boston Medical Center will lose out on $64 million it had been expecting for care delivered to low-income Medicaid patients last fiscal year...
...megaproject disaster.” Flyvbjerg, a professor at Aalborg University, discussed the budget overruns that are common to large infrastructure projects, or megaprojects, at Harvard’s Graduate School of Design last night. According to Flyvbjerg, nine out of every 10 infrastructure projects have these fiscal problems. “So don’t believe that all projects have cost overrun,” he joked to an audience of over 70 students and faculty from graduate schools across Boston. “That’s an exaggeration.” He attributed the overstretched budgets...
...economists as a necessary evil to keep the economy afloat. "There is a real threat of a serious recession," says Robert Bixby, head of the Concord Coalition, an organization dedicated to eliminating deficits and shoring up the federal budget. "So it's appropriate in those circumstances to loosen fiscal policy, so long as it is done on a targeted and temporary basis...
...through the Shut the Sash competition. Since the Resource Efficiency Program (REP)—a university-sposnored initiative that pays students to reach out to others about environmental matters—was founded in 2002, the College has seen savings quantified at over $400,000 over the last fiscal year in utility savings, a large part of which of which, like the 33 percent reduction in food waste or the four percent reduction in fuel used for heating, can be attributed to REP activities. From a purely economic perspective, social outreach pays...