Anthony Linehan of the NTMA notes that a cash cushion entails increased interest charges and a higher debt-to-GDP ratio on the books of Eurostat, the European Union's statistics agency.
Even in times of relative calm, making the journey to collect cash can entail walking for many days, or long and uncomfortable bus journeys.
Or so it seemed in the immediate flood of relief that public money for research and development had not been cut – or even subjected to the slow drain that another five years of flat cash would have entailed.
Mobile money transactions in Uganda mainly entail cash withdraws and deposits.
And Neal Hansch, a board member and former managing director of MEST Incubator, in Accra, Ghana, pointed out that some of the company's custom solutions are expensive — processing cash payments, for example, entails more overhead than digital methods — which will make expansion difficult.
The SAGE, a pilot initiative entailing social cash transfers by the Government in 14 districts, should be rolled out to the entire country in order to promote social protection and improve wellbeing of older persons in Uganda.
"The companies interested in long-term incentives, mostly foreign subsidiaries, are now accepting that they have to do it on a cash basis, with the cost consequences that entails," says Robert Sperl, a compensation consultant at WatsonWyatt London.
Delinquent acts have in common not just their illegality, but the fact that they offer immediate benefits, such as cash, sexual gratification or excitement, while simultaneously entailing the risk of long-term costs greatly exceeding the benefits (Hirschi, [2004]).
I.B.M. denied that the cash-balance plan would entail steep cuts in benefits for employees, saying the company would still pay the same amount in total pay and benefits as under the old plan, but with some compensation moving from pension to salary and stock options.
These plans entail an even tighter squeeze on cash for the NHS than the service has endured up to now.
