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Short version: this year's deficit was reduced because bail-outs were cheaper than anticipated.
The trustees said the scheme was very likely to enter the PPF unless the deficit was reduced.
The balance of payments showed an estimated $5 billion surplus, and the budget deficit was reduced by 5.5% of GDP.
For a few hours on Thursday night, this attention deficit was reduced a bit in a hall near the United Nations complex.
His ill-conceived austerity meant, of course, that the deficit was reduced too fast, thereby ensuring that we have experienced the slowest recovery on record.
Hungary has already been through nearly four years of austerity in which the deficit was reduced from 9%to3.8%8% of GDP.
Similar(30)
Why can't said deficit be reduced through additional tax revenues?
This was clearly a real priority in the grand scheme of making sure the budget deficit is reduced quickly.
At that point, the Fed could help maintain growth by instead continuing very low rates as the deficit is reduced.
But why, you might ask, would the deficit be reduced by just three hundred and thirty-seven billion dollars over ten years when spending on Medicaid would fall by eight hundred and eighty billion dollars?
"The net effect is the deficit is reduced at the same pace – not faster, not slower – than in the last parliament".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com