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The United Kingdom's public expenditure programs, for instance, are now "cash limited".
"A lot of these things don't get the same kind of scrutiny they would get if they were stand-alone expenditure programs".
"Our challenge was to finance very heavy capital expenditure programs for a company that had a pretty weak debt rating and not particularly broad access to capital markets," Mr. Durham said.
Expenditure programs are now planned in considerable detail, but the sheer scale of public spending raises major control problems, and varying systems of control have been tried in different countries.
USAGE-Hwy translates micro information from HERS on the effects of highway expenditure programs into implications for GDP, employment, and the trade-off between current and future living standards.
Similar(54)
The company said earlier that a price of about $50 a barrel would allow it to fund its capital expenditure program.
In deciding how to raise enough money to finance its expenditure program, a government faces a large number of different considerations.
Once this capital expenditure program is complete, its free cash flow will jump to 10% of enterprise value.
[Shell's] cash flow in the first quarter of 2008 alone was $14.1 billion, more than enough to finance the capital expenditure program and dividend".
The Council has jurisdiction over many matters, including public security, agreements with other governments, subsidy programs, the environment, urban planning, and a three-year capital expenditure program.
It's an accusation that Pieter Wezeman, Senior Researcher at the Stockholm International Peace Research Institute's Arms and Military Expenditure Program, told VICE News was "outlandish," especially in respect to the easily traceable tanks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com