11. The government devalued last year but has remained under pressure for its failure to cut the budget deficit. 12. The government treats asset receipts not as a means of financing the budget deficit, but instead as negative public expenditure. 13. The job of central bankers would be easier if governments trimmed their budget deficits as soon as recovery was under way. 14. The policy aimed to reduce the budget deficit. 15. These cover inflation, budget deficits, exchange rate stability and long-term interest rates. 16. They are divided for months over how to eliminate the budget deficit. 17. They say it would be an inexpensive way to help slash the budget deficit. |