Sentence examples for commitment to fiscal consolidation from inspiring English sources
Ratings agencies are looking to the budget for signs of the Indian government's commitment to fiscal consolidation and structural reform.
"They also make it absolutely clear that they could downgrade the UK's credit rating further in the event of 'reduced political commitment to fiscal consolidation'.
"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".
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.
"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.
