Sentence examples for fiscal flexibility from inspiring English sources
Whereas policies of the "Sector Wide Approach" once provided flexible revenue to district health managers, all fiscal flexibility is now managed by district political authorities.
They reduce the fiscal flexibility to deal with unexpected developments.
"Fitch maintains its view that the nominal deficit target implies limited fiscal flexibility to respond to modest adverse economic shocks".
Situations might arise where the need for fiscal flexibility and the fiscal stringency requirements will create a conflict and suboptimal macroeconomic policies are implemented.
There has also been a string of negative reports from Ireland, where the bill for recapitalizing its tattered banking sector keeps rising, weakening the government's fiscal flexibility.
The Chancellor claims vindication, but the fact remains the economy might well have done better in recent years if he had shown more fiscal flexibility.
Next we devised a fiscal-flexibility index, combining government debt and the budget deficit.The average of the monetary and fiscal measures produces our overall "wiggle-room index".
We then added up the scores to produce an overall measure of monetary manoeuvrability (rankings for the individual indicators can be found here).Next we devised a fiscal-flexibility index, combining government debt and the structural (ie, cyclically adjusted) budget deficit as a percentage of GDP.
Though Fitch said the country had fiscal financing flexibility helped by the strength of the pound, it warned of debt and deficit problems ahead.
Despite the UK's strong fiscal financing flexibility underpinned by its own currency with reserve currency status and the long average maturity of public debt, the fiscal space to absorb further adverse economic and financial shocks is no longer consistent with a 'AAA' rating.
"Standard and Poor's have reaffirmed the UK's AAA rating on the basis of our 'wealthy, diversified economy; high degree of fiscal and monetary flexibility' and 'relatively flexible product and labour markets'," he said.
