Sentence examples for commitment to consolidation from inspiring English sources
Indeed, the stable outlook from Fitch relies on continued commitment to consolidation.
"We believe this could occur in particular as a result of a delayed and uneven economic recovery, or a weakening of political commitment to consolidation," it said.
A sustained commitment to consolidation, possibly including a speeding up of current plans and their delivery, is required from all governments to ensure that the time afforded by the exceptional measures is used to put public finances on a permanently sounder footing.
After the downgrade, Portugal's finance ministry tried to reassure investors by reaffirming its "strong commitment to fiscal consolidation," while noting that Fitch found some things to praise, including the "credibility" of its budget plans.
"Although Moody's acknowledges that Ireland has shown a strong commitment to fiscal consolidation," Moody's added, the "implementation risks remain significant, particularly in light of the continued weakness in the Irish economy".
"The Union budget will be an important gauge of the government's commitment to fiscal consolidation and reform in general," said a report by Fitch Ratings on Feb. 4. "India's patchy performance on policy implementation, and the approach of elections in 2014 could impede fiscal consolidation, suggesting political and implementation risk remain significant".
"The significance of today's announcement is mainly to reinforce the U.K.'s political commitment to fiscal consolidation," Michael Saunders wrote in a note for Citi Research, predicting that the Conservatives and their Liberal Democrat coalition allies will write the spending plans announced Wednesday into their election manifestos.
"There should be both less and better fiscal consolidation now and a commitment to more fiscal consolidation in the future".
But the commitment to serious fiscal consolidation will not change unless future GDP figures remain limp.Are they likely to?
