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He estimated that the treasury would collect $700 million less in the current fiscal year than it did last year.
But many analysts contend growth is slowing to a sluggish rate of 2 percent or less in the current quarter.
Ministers hope the commissioners will force the police to "do more for less", in the current jargon.
A second penthouse, a duplex, is listed for $14 million, but is likely to sell for far less in the current market, perhaps $10 million, brokers said.
Many independent analysts are now forecasting that the economy will expand 7.5 percent or less in the current fiscal year, which ends in March 2012.
But many economists say they expect growth has begun to slow to a rate of 2 percent or less in the current April-June quarter.
Similar(49)
We see takeovers in the generation and supply markets as less likely in the current environment.
His playing career is on a level with more or less anyone in the current squad.
He noted, however, that wind power's higher cost could make it less attractive in the current economic climate.
Inevitably, the perception has grown that careers in the nuclear forces are less prized in the current era of conventional warfare than other careers.
But while a takeover seemed unthinkable during previous debates, the prospects for a RIM deal may be less distant in the current environment.
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