"The alignment of the stake reduction with an increase in remote gaming duty was a condition put on by the Treasury to provide fiscal neutrality
but is not a technical necessity," she added, "so there is no reason why implentation cannot come sooner than October."
Keywords: Fiscal Neutrality
; Central Bank; DSGE Model; Pakistan.
The House committee decided to propose the reduction of the rates on property values used in calculating sewerage fees in order to meet the legal requirement of fiscal neutrality
, meaning municipalities cannot receive more in rates than the cost of building the sewerage system.
Recently, Poland's constitutional court challenged that ruling on the grounds that the European Parliament was not consulted on the legal niceties and that it breached fiscal neutrality
rules inasmuch as charging separate rates for print books and ebooks distorts the market.
Increased spending has already seen the country move from a budgetary surplus in 2013 to a deficit in 2014, and an additional fiscal spending package of about 4 percent of GDP was announced in Feb.30 It is estimated that Saudi Arabia needs the price of oil to be at about $100 per barrel to achieve fiscal neutrality
. The lower oil price will also necessitate further efforts toward diversification and private-sector growth to create employment opportunities.
"The big savings that can be made already have largely been made, so shifting to a world of 'fiscal neutrality
' will become the mantra."
Appended are: (1) Data Sources; (2) Adjustment Factors in BEF; (3) Pennsylvania Confirmatory Analysis; (4) All States Adjusted NAEP Comparisons; (5) Correlations between Traditional Equity and Neutrality Indicators and Funding Fairness Indicators; (6) Fiscal Neutrality
Coefficients; (7) Fixed and Random Effects Models of Gaps and Outcomes; (8) Bridging Pennsylvania State Assessments and SAT College Readiness Benchmarks; (9) Economies of Scale in Education; (10) New York Reforms; and (11) Rhode Island Numbers Games.
But with the political clamor for public spending cuts now subsiding, even within the Tea Party, US fiscal policy has shifted into neutral - and fiscal neutrality
brings 3.5 to 4 per cent GDP growth well within reach.
Osborne has stuck rigidly to fiscal neutrality
in his Autumn Statements and Budgets, to ensure that spending is matched by cuts or increased tax revenues.
communities, concerned with the negative consequences of developments that didn't fully pay their way (even with the impact fees that are often charged), have asked developers to submit statements of "fiscal neutrality
" to accompany a project application.
"These are potential breaches of the EU principles of equality of treatment and fiscal neutrality
amongst retailers selling similar products that fulfil the same purpose."
It therefore does not infringe the principle of fiscal neutrality