Hassan said that Nahhas had prevented the government deficit
from being "the lowest in 20 years." -- The Daily Star
He added: "It is important to note that the underlying 2009 General Government deficit
is 11.8% of GDP, which is broadly similar to that projected in December's Budget."
The adjusted [R.sup.2] of 0.866 suggests that real M2, government deficit
spending, the real effective exchange rate, Q1, and Q2 combined can explain 86.6% of the variation in real GDP.
A major question mark is whether inflation will come down to around 3%, while the government deficit
could also be higher than projected.
Hence, the emphasis put -- since the mid-1980s -- on the necessity to reduce the government deficit
. As a result, the deficit declined from a peak of 9.5 per cent of GDP in 1983/94 to less than 2 per cent in 1993/94 and led to a significant improvement in the current account position.
The government deficit
and debt situation is not a new phenomenon.
BRUSSELS, April 23 (KUNA) -- In 2018, the government deficit
and debt of both the 19-member euro area and the 28-member European Union (EU) decreased compared with 2017.
The general government deficit
of Slovakia was 0.78 percent of gross domestic product last year.
Consequently, we expect the central government deficit
target to slip modestly to 3.4 percent of GDP, while the combined general government deficit
(central and state) should remain at about 6.3 percent of GDP," Moody's said.
Summary: QatarEe's budget for the new fiscal outlines a clear intent to reduce the government deficit
while also supporting growth through higher capital spending, according to Qatar National Bank (QNB).
The central bank of Israel has said that government deficit
will increase in 2015.