Word: surplus
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Dates: during 2000-2009
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...mail, and to “continue for some time if no steps were taken.”With the looming budget deficit, FAS is going to dip into its reserve funds, which it has accrued through gifts and at least four consecutive years of budget surpluses.“These reserves were accumulated for a purpose, with the idea that they would be spent, and they are one means of financing new construction and renovation,” Kirby wrote in his e-mail.High construction costs are primarily to blame for the projected deficits, department chairs said. Specifically, they said...
...Deputy P.M. and Finance Minister Michael Cullen argues, that Kiwis now expect a larger pay-off after the hard years of restructuring: "'Where's my dividend?' people say. Well, we need to move along a steady path and not blow it all at once. We will target our Budget surplus toward spending on public services and investment in infrastructure...
...Cullen has been sounding like a scrooge during the campaign, trying to protect the surplus at all costs, worrying about rising oil prices, a strong dollar and a scary current account deficit. But Brash is feeding the instinct for immediate gratification, although he is using the language of incentive, hard work and aspiration to sell it. National is promising large tax cuts across the board, with a plan that would see 85% of taxpayers charged a marginal rate of 19? in the dollar or less. Despite the output and jobs growth, real earnings have remained flat for the past five...
...fuel subsidies during an election year, reversed course this year as the oil bills mounted. On July 12 he announced the end of subsidies, which he hopes will curb demand for oil imports that have wrecked Thailand's current account. Last year, Bangkok ran a $7.1 billion current-account surplus, versus a deficit of $6.2 billion in the first half of this year...
...companies tend to research solar energy, electronics companies here have no other energy divisions to worry about compromising. In Japan panel companies and the national government kick-started solar-power adoption with subsidies. A consumer who installs a solar-panel array on a house can sell surplus energy to the local utility. Germany has implemented that model most successfully, and it has been adopted not just in Japan but in South Korea and other European countries. Even with incentives, start-up costs are high, about $20,000 per household in Japan. "The biggest priority now is to reduce costs," says...