'Has Whitehall simply forgotten how to spend?'

Article Abstract:

The UK government's economic achievements are compared with the promises it made in the run-up to the 1997 general election. Public spending could prove a sensitive issue for the government during the 2001 election campaign.

Fiscal Policy, National Government Finance, Analysis, Labour Party (United Kingdom), Public finance, Government spending policy

---

Argentina's debt worries send markets tumbling

Article Abstract:

Concerns that Argentina may be unable to meet its debt payments or could be obliged to reduce its peg to the dollar in order to do so have had a negative impact on Latin American stocks and currencies. Argentina has debts of $154 billion, and many investors now feel that it is inevitable that the country will default on its debt.

National Government Liabilities & Debt, Economic aspects, Argentina, External debts

---

Government admits borrowing will have to rise to fund spending plans

Article Abstract:

UK Chancellor Gordon Brown has acknowledged that the government will need to borrow heavily to meet the cost of its wide-reaching spending plans. The Treasury will not be able to repay the 5 billion pounds sterling in predicted in Mar 2001, and will now accumulate a deficit of 2.5 billion pounds sterling.

United Kingdom, Government regulation, National Government Surplus-Deficit, Planning, Public debts, Budget deficits, Surplus (Accounting), Brown, Gordon (British chancellor)

Similar abstracts:

• Abstracts: The best result for Mr Blair is to lose to Ken Livingstone on the Tube. Why is the Treasury sabotaging an agreed plan to save the Tube?
• Abstracts: A storm is blowing and Britain will be unable to avoid it. But what then? Admit it, Chancellor, real recession is now inevitable
• Abstracts: It's offensive to expect me to support the Hindujas just because I'm Asian
• Abstracts: Minister avoids new battle of Hastings in landmark decision. Anti-road protesters gear up for new battle of Hastings
• Abstracts: In hope, in fear and in mourning, the families wait by the telephone

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.