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On the one hand, the pact is a commitment to fiscal prudence.
The fund's economists reckon that this may be because central banks view spending cuts as a stronger signal of a commitment to fiscal prudence and so are more willing to provide some monetary stimulus to soften the blow.Indeed, declines in interest rates, which also weakened countries' exchange rates, help explain why GDP did not decline even more sharply.
In candidates' forums, Irani has demonstrated independence and a commitment to fiscal prudence.
Why, after all, did virtually every GOP congressman ― and all 52 Republican senators ― support a bill that trashes their stated commitment to fiscal prudence?
Bruce Bartlett, a former Reagan treasury official has explained in detail that the right-wing's rhetorical push against deficits over the past thirty years was not the product of a sincere commitment to fiscal prudence.
Similar(55)
The government of Prime Minister Valdis DOMBROVSKIS remains committed to fiscal prudence and reducing the fiscal deficit.
"But that is the commitment to fiscal responsibility that both parties made to the American people".
Not abandoning for a moment our commitment to fiscal discipline.
Daniels has been recognized for his commitment to fiscal discipline.
Senator Dodd, we salute both your commitment to fiscal responsibility and your web-savvy".
His budget was able to include big spending increases and a return to fiscal prudence.
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