Exact(3)
However, the OECD estimates that the true shortfall was still 3.4% of GDP.
Add in the budget troubles of state governments, and the true shortfall grows even larger.
Though we don't yet have first quarter figures, we can reasonably assume that the true shortfall is now close to €700 billion.
Similar(57)
This may be true, but the shortfall has been trivial.
It is up to the Pensions Regulator to determine the true size of the shortfall.
Anderson will be answering questions about the Co-op's failed bid to buy hundreds of bank branches from Lloyds, which collapsed as the true state of its capital shortfall became clear.
While there are two "coulds" in that statement, the mere possibility that such an imminent arrival and massive shortfall could be true should give every prudent adult a few second thoughts about what the future may hold.
It is certainly true that India has narrowed the shortfall behind China in these areas that is, in life expectancy and infant mortality but there is still some distance to go for the country as a whole.
True, the lower price leads to a shortfall in oil tax revenues, and more will have to be done to ease the tax burden on the industry.
Accrual accounting, in contrast, would provide a clearer picture of the true state of the Social Security's current financial shortfall and the extent to which the system's burden on future generations is increasing each year.
PG&E says that according to its projections there is no longer any place for Diablo Canyon and that it intends to replace 55% of the shortfall caused by decommissioning the station with true renewable energy by 2031.
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Justyna Jupowicz-Kozak
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