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One of the main reasons for such a tax increase was the rise in Hong Kong's budget shortfall, with a consolidated deficit of HK$65.66 billion (US$11 = HK$7.800) for 2001 02 as a result of the continuing slump in the property market and the local economy [ 22].
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The UPA inherited a consolidated budget deficit of around 10% of GDP.
The "consolidated" budget deficit, including central and state governments and state-owned businesses, has been running at about 11% of GDP since 1999.
A balance sheet deficit of £224.5m reported in PVH's 2003 consolidated accounts is recorded as a £39.6m surplus in the 2004 accounts, which exclude the businesses in administration.
This chapter explains consolidation in clays, focusing on normally consolidated and over consolidated clays.
Its consolidated annual financial report uses two indicators to measure financial health: unified budget deficit and net operating (cost)/revenue.
Trinity Church consolidated Nos.
It's a consolidated state.
His social position was consolidated.
Coquinite is the consolidated equivalent.
Likewise, on a consolidated basis, the eurozone's current account is balanced, its debt/GDP ratio is well below that of Japan, and its annual public-finance deficit is well below that of the US, Japan and the United Kingdom.
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