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Although the city has raised its outlay in recent years, it has only made up ground it lost beginning with budget cuts made during the Koch administration, he said.
It has reassured those nervous about its outlay on the Games — put at about $15 billion by government officials and as high as $20 billion by some experts, with road, railway and other improvements factored in — that the expense will be recouped in the long term by a $20 billion boost in Britain's trade.
The government recouped much of its outlay by reselling collateral, most of it real estate, but the process took more than 10 years, and full recovery, some point out, remains elusive.
Its dwindling tax revenues now barely cover a third of its outlay.
The publisher needs to maximise revenues in order to defray its outlay.
Italy's pension spending is high, but its outlay on unemployment benefits is among the lowest in the European Union.
Similar(41)
Second, it directs its outlays towards the priorities identified by the recipient countries.Third, IDA harmonises donor resources.
And while Benon Sevan, director of the Office of Iraq Program, hopes to persuade the Security Council to extend the program's emergency authorization until June 3, he said its complexities and the political debates whirling around it made it unlikely that its outlays would reach 10percentt of the funds available, even with the time extension.
Kraft says it is increasing its outlays for advertising and marketing but refused to disclose budgets for those categories.
The government expects its outlays on pensioners to stay roughly the same as a proportion of the economy.
The government, in return for its outlays, will obtain ownership of securities tied to the mortgages of millions of American homeowners.
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