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Sensibly, many organisations built up reserves in the good years.
Plenty of farmers also built up reserves during the boom years.
Its projected budget for the next World Cup cycle from 2015 to 2018 is almost £3bn and it has now built up reserves of £830m.
This boosted exports and built up reserves to the multi-trillion level - of which more than a 1 trillion is US dollars.
Now the debts are lower, the exchange rates float and most governments have built up reserves.
First, big exporters such as China have built up reserves that must be invested abroad.
Similar(49)
And rural India has far too few temperature-controlled warehouses that could help farmers and the nation build up reserves as a hedge against poor growing seasons.
The desire to build up reserves is understandable, but they are now excessive.
If non-performing, lenders must build up reserves against potential losses.
And those programs are supposed to run surpluses, to build up reserves for the demographic deluge.
The charity's answer was to build up reserves to the equivalent of three months' running costs the following year.
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CEO of Professional Science Editing for Scientists @ prosciediting.com