61. China is expected to face a foreign trade deficit this year as imports surge while tax reforms and other factors cause a slowdown in export growth. 62. The UAE has suffered from a budget deficit most years over the past decade due to weak oil prices. 63. Mozambique reduced its budget deficit this year by making cuts in planned government spending. 64. On Tuesday he repeated that the deficit this year would overshoot but gave no figure. 65. One of the main factors which has pushed up the forecast public deficit this year is a rise of unemployment. 66. She said the deficit this year would be financed by issuing treasury bonds locally and overseas as well as through loans. |