The phrase "amounts to a reduction" is correct and usable in written English.
It can be used when discussing a change or decrease in quantity, value, or intensity in a specific context.
Example: "The new policy amounts to a reduction in overall spending for the department."
Alternatives: "constitutes a decrease" or "represents a cut".
Among those four lenders, that amounts to a reduction of about $15 billion in three months.
The credit amounts to a reduction in taxes on income from sales of coalbed methane.
This amounts to a reduction of somewhat less than four-tenths of a percentage point a year.
But in addition to an unrealistic scenario, that number must be viewed in context over more than two decades, so "$3 trillion" amounts to a reduction of 6percentt.
The effective spending freeze amounts to a reduction when rising costs are taken into account — a welcome outcome to many Republicans — and disrupts the government's ability to carry out programs and policy changes.
For a private motorist, it amounts to a reduction equal to 4p a litre for petrol and for hauliers 8p a litre.Mr Brown can fairly claim that he had to respond to high world oil prices.
For them a reduction in military power...would amount to a reduction of their influence in the world..
For them a reduction in military power...would amount to a reduction of their influence in the world.
That would amount to a reduction of more than 16,000 jobs, or almost one-fourth of Merrill's work force, in a year, he said.
On June 10 Japanese Prime Minister Taro Aso announced that by 2020 Japan would cut emissions to 15% below 2005 levels, amounting to a reduction to 8% below 1990 levels.
Total spending cuts for public employees will amount to a reduction equivalent to 0.3 percent of G.D.P. through 2013, taking into account reduction measures like hiring freezes.
