Fisc example sentences

The enactment of the FRBMA, in August 2003, marked a turning point in fiscal reforms, binding the government through an institutional framework to pursue a prudent fiscal policy.The rules under the Act were notified with effect from July, 200 The Act mandates the central government to take appropriate measures to reduce fiscal deficit and revenue deficits so as to eliminate the revenue deficit by March 31, 2009 and thereafter build up adequate revenue surplus.After he arrived in Canton in the spring of 1839, Lin arrested 1, 600 men involved in the trade, and confiscated 11,000 pounds of opium.Fiscal deficit is the difference between the government's total expenditure and its total receipts excluding borrowing.The Fiscal Policy Strategy Statement sets the priorities of the government in the fiscal area, examining current policies and justifying any deviation in important fiscal measures.Though few states like Karnataka, Kerala, Punjab, Tamil Nadu and Uttar Pradesh have enacted fiscal responsibility legislations, the objective of fiscal consolidation, growth and macroeconomic stability will not be achieved if all the states do not participate.In 1937, of two huts I had, one was sold and one was confiscated'.The land and property of Muslims was confiscated on a large scale and they were treated with suspicion and hostility.The central government must ensure inter-generational equity, longterm macro-economic stability by achieving sufficient revenue surplus, removing fiscal obstacles to monetary policy and effective debt management by limiting deficits and borrowing.We must note that larger deficits do not always signify a more expansionary fiscal policy.The Macroeconomic Framework Statement assesses the prospects of the economy with respect to the GDP growth rate, fiscal balance of the central government and external balance When a government spends more than it collects by way of revenue, it incurs a budget deficit There are various measures that capture government deficit and they have their own implications for the economy.The central government to lay before both Houses of Parliament three statements – Medium-term Fiscal Policy Statement, The Fiscal Policy Strategy Statement, The Macroeconomic Framework Statement along with the Annual Financial Statement.Section 3 deals with fiscal policy and the multiplier process within the income expenditure approach described earlier.Speculation had to be stopped and supplies confiscated.The Reserve Bank of India must not subscribe to the primary issues of central government securities from the year 2006-0 Measures to be taken to ensure greater transparency in fiscal operations.