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Harsh spending cuts have slashed government jobs by the thousands and cut funding to police.
Historically, the IMF often gave loans only if recipients deregulated markets, privatised industries, slashed government budgets and devalued currencies.
The ONS said delayed or slashed government departmental spending helped drive net borrowing excluding financial interventions such as bank bailouts £1.6 billion lower to £15.1 billion in March.
Anwar, who was then deputy prime minister and finance minister, implemented an austerity programme that slashed government spending and deferred infrastructure projects dear to Mahathir.
He noted that, even as Dan Patrick and his Republican allies slashed government services, they allocated eight hundred million dollars for border security.
In his eight months in office, Economy Minister Domingo Cavallo has increased tariffs, showered subsidies on exporters, slashed government salaries and pensions, lowered some taxes and raised others.
Similar(44)
They want to slash government; I want to restructure it.
Republicans want to close the entire budget gap by slashing government spending.
If it means slashing government spending, the economy could shrink rather than grow.
Start with a basic point: Slashing government spending destroys jobs and causes the economy to shrink.
They are only interested in slashing government, no matter the cost to the country.
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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