Martin Beck, senior economic adviser to the EY ITEM Club, said: "Today's figures mean that the public sector deficit
has now fallen in each month of 2015 with another month of strong growth in tax receipts boosting the UK's fiscal position.
That leaves public expenditure, said Mr Rowles, adding that Mr Osborne has acted to reduce the public sector deficit
less vigorously than originally proposed.
During their fifth review, the international lenders predicted a public sector deficit
in 2014 of 4.
This is because the Public Sector deficit
remains persistently high which will impact on welfare and other services.
The government's fiscal targets for 2014 envisage a further decline in the overall public sector deficit
The government s program provides measures to lower the consolidated public sector deficit
Due to the restrictive policies of expenditure management, it is estimated that the public sector deficit
This will make it difficult for the government to reduce the public sector deficit
Some countries, those with the smallest public sector deficit
, would potentially see a slight increase in interest rates in the short term, but most would see a reduction.
The pension reform is part of the 2012 budget plan to reduce Belgium's public sector deficit
to below the EU limit of 3 percent of gross domestic product next year and to reassure investors that Belgium has its finances under control.
The coalition Government's determination to reverse the public sector deficit
within four years has led to deep and wide ranging cuts in government funding across all sectors which is having an inevitable impact.
But such a step will have "negative implications" for the public sector deficit