Budgetary Policy Sample Clauses

Budgetary Policy. (a) Carrying out during the year 1988 and during the year 1989, up to the time of the exchange of views referred to in paragraph 3 of Schedule 1 to this Agreement, of the Targetted Investment Program.
Sample 1
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Budgetary Policy. 1. (a) Submission to the Bank, of two (2) programs, prepared in relation to the Borrower’s budget law for Fiscal Year 1997, covering (i) public investments and recurrent expenditures in respect of sectors covered by the public expenditure review jointly undertaken by the Borrower and the Bank; and (ii) personnel expenditures; (b) discussion with the Bank of the programs referred to under sub-paragraph (a) above; and (c) integration into the Borrower’s draft budget law for Fiscal Year 1997, as adopted by the Council of Government of the Borrower, of measures agreed in consultation with the Bank based on the review referred to under sub-paragraph (a) above.
Sample 1
Budgetary Policy. We will aim to maintain a budget surplus during the government’s term in office and will pursue a trend-based budgetary policy.  By aiming for a budget surplus of around 0.5% of GDP by 2021, we will create scope for conducting a trend-based budgetary policy while respecting the fiscal norms laid down by the Stability and Growth Pact. The government will therefore adopt a fixed expenditure and revenue framework while allowing income and the cyclical part of expenditure on unemployment benefit and social assistance benefit to fluctuate as economic circumstances change.  Whereas the cyclical part of unemployment benefit and social assistance benefit will be removed from the expenditure framework, the interest expenditure on the national debt and the fiscal consequences of policy decisions on natural gas extraction will be included by the government in the expenditure framework, as recommended by the Budget Margin Study Group. On balance, this will strengthen the government budget’s stabilising effect on the economy without diminishing control over public sector spending.  Linking the expenditure framework to salary and price indices will eliminate price-related public sector surpluses or deficits.  The existing fiscal rules will continue to apply, including the alterations recommended by the 15th Budget Margin Study Group.  An initiative entitled ‘Insight into Quality’ will be launched to increase knowledge of policy effectiveness and efficiency.
Sample 1
Budgetary Policy. We will aim to maintain a budget surplus during the government’s term in office and will pursue a trend-based budgetary policy. • By aiming for a budget surplus of around 0.5% of GDP by 2021, we will create scope for conducting a trend-based budgetary policy while respecting the fiscal norms laid down by the Stability and Growth Pact. The government will therefore adopt a fixed expenditure and revenue framework while allowing income and the cyclical part of expenditure on unemployment benefit and social assistance benefit to fluctuate as economic circumstances change. • Whereas the cyclical part of unemployment benefit and social assistance benefit will be removed from the expenditure framework, the interest expenditure on the national debt and the fiscal consequences of policy decisions on natural gas extraction will be included by the government in the expenditure framework, as recommended by the Budget Margin Study Group. On balance, this will strengthen the government budget’s stabilising effect on the economy without diminishing control over public sector spending. • Linking the expenditure framework to salary and price indices will eliminate price-related public sector surpluses or deficits. • The existing fiscal rules will continue to apply, including the alterations recommended by the 15th Budget Margin Study Group. • An initiative entitled ‘Insight into Quality’ will be launched to increase knowledge of policy effectiveness and efficiency. Financial relationship with local and regional authorities • In the context of its programmatic agreements with local and regional authorities, the government will also make agreements concerning its financial relationship with these authorities during its term in office. • The system of indexation applied to the Municipalities and Provinces Funds is based on the principle that funding for the subnational authorities goes or up down in line with movements in the central government budget. This system involves a link to total expenditure under the expenditure framework (minus adjustments such as the Municipalities and Provinces Funds themselves). This link makes the system more proportional and contributes to greater stability in terms of the increases or decreases in the Municipalities and Provinces Funds over time. The part of the social domain integration grant that can be integrated will be subsumed into the block grant as of 2019, thereby becoming part of the indexation system applied to the Municipalities a...
Sample 1

Related to Budgetary Policy

  • Safety Policy Each employer is required by law to have a safety policy and program. TIR will ask for and may require a copy of that policy and program.

  • SPAM POLICY You are strictly prohibited from using the Website or any of the Company's Services for illegal spam activities, including gathering email addresses and personal information from others or sending any mass commercial emails.

  • Compensation Recovery Policy Executive acknowledges and agrees that, to the extent the Company adopts any claw-back or similar policy pursuant to the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act or otherwise, and any rules and regulations promulgated thereunder, he or she shall take all action necessary or appropriate to comply with such policy (including, without limitation, entering into any further agreements, amendments or policies necessary or appropriate to implement and/or enforce such policy with respect to past, present and future compensation, as appropriate).

  • PROCUREMENT ETHICS Contractor understands that a person who is interested in any way in the sale of any supplies, services, construction, or insurance to the State of Utah is violating the law if the person gives or offers to give any compensation, gratuity, contribution, loan, reward, or any promise thereof to any person acting as a procurement officer on behalf of the State of Utah, or who in any official capacity participates in the procurement of such supplies, services, construction, or insurance, whether it is given for their own use or for the use or benefit of any other person or organization.

  • Policies and Temporary Policies Registry Operator shall comply with and implement all Consensus Policies and Temporary Policies found at <xxxx://xxx.xxxxx.xxx/general/consensus-policies.htm>, as of the Effective Date and as may in the future be developed and adopted in accordance with the ICANN Bylaws, provided such future Consensus Polices and Temporary Policies are adopted in accordance with the procedure and relate to those topics and subject to those limitations set forth in Specification 1 attached hereto (“Specification 1”). Data Escrow. Registry Operator shall comply with the registry data escrow procedures set forth in Specification 2 attached hereto (“Specification 2”).

  • Pet Policy 🞎 Pets are prohibited 🞎 Up to pets are permitted The following pet requirements apply [insert requirements including type, size and quantity,ifapplicable: ] The above-described pet policy is a material provision of this Lease. Violation of the pet policy may lead to damages, deposit, and/or fees or additional rent assessed to Tenant and constitutes a default under this Lease.

  • Travel Policy (1) Travel arrangements shall be planned in accordance with the Federal Travel regulations, prescribed by the General Services Administration for travel in the conterminous 48 United States, (hereinafter the FTR) and the Joint Travel Regulation, Volume 2, DoD Civilian Personnel, Appendix A, prescribed by the Department of Defense (hereinafter the JTR).

  • Management; Community Policies Owner may retain employees and management agents from time to time to manage the Property, and Owner’s agent may retain other employees or contractors. Resident, on behalf of himself or herself and his or her Guests, agrees to comply fully with all directions from Owner and its employees and agents, and the rules and regulations (including all amendments and additions thereto, except those that substantially modify the Resident’s bargain and to which Resident timely objects) as contained in this Agreement and the Community Policies of the Property. The Community Policies are available at xxxxx://xxxxxxxxxxxxxx.xxx/policies.pdf or on request from the management office and are considered part of this Agreement.

  • Personnel Policies The School shall adopt, update, and adhere to personnel policies. These policies must be made readily accessible from the School’s website or school office, as described in Section 11.4.1. If the policy is not available from the School’s website, the School shall submit the current policy to the Commission.

  • EMPLOYMENT POLICY 6.01 The Union and the Employer will cooperate in maintaining a desirable and competent labour force. The Employer will notify the Union of labour requirements giving as much prior notice as possible. The Union will provide a list of manpower available. The Employer at its discretion may hire employees listed or from other sources.

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