Public Finance Sample Clauses

Public Finance. In order to ensure a stable public finance policy, public spending and deficit must be reduced. The general government expenditure must be made more flexible with the aim of reallocation of a part of the expenditure to priority development areas, especially to research and development, and with the aim to facilitate the utilisation of European funds and improve the ability to react to the volatility of economic activities and consequently of revenue. Therefore the employment in the public sector must be made more flexible. The mid-term objective is to reduce the share of general government expenditure in gross domestic product, for this is necessary in order to alleviate the burden of tax on the economy. Therefore the Government shall, during the term of this Agreement, ensure limited growth of operative costs for the state operation and adopt measures to improve the efficiency and productivity as well as make the policy of employment in the public sector more efficient. Public procurement shall be regulated so as to prevent unjustified favouring of certain tenderers and forming of cartel links, enable the small and medium-sized enterprises the access to an appropriate share of public procurement, simplify the procedures and ensure their transparency, and rationalise the costs by reasonable centralisation of procedures. As regards social transfers, it is especially their transparency and social efficiency that need to be enhanced. Furthermore, it is necessary to continue the preparation of projections evaluating the long-term financial sustainability of the public finance system and its changes. Government tasks: • to ensure gradual changes in the structure of general government expenditure with consideration of priority economic policy; • to progressively reduce until 2008 the share of general government expenditure in GDP by 2 percentage points compared to the 2005 level; • to improve the harmonisation of development policies and to prepare the national development programme based upon the Slovenia’s Development Strategy; • to enhance efficiency and effectiveness of public administration by promoting the use of modern managerial techniques to manage changes and achieve business excellence in the public sector; to develop human resources and knowledge management; to develop strategic management; • to raise the quality of the public administration services by systematically applying the European excellence model; • to rationalise the operation of the publi...
AutoNDA by SimpleDocs
Public Finance. Complete service support from bidding to closing for every transaction. This includes completion of all documents, collecting fees and disbursing proceeds on behalf of the client. C. COMMERCIAL LEASING: Assistance in developing new documents, training personnel, assisting with sales calls and providing consultation for a one year period. These services are optional and fees are negotiable.
Public Finance. A 2.1 Public Finance Management Reporting Coordinator: MoF 1. Public Finance Management Consolidation (PFMC) Strategy 2013-2020 and Action Plan approved (also based on 2008-2010 PEFA Assessment). Means of verification: the PFMC Strategy 2013-2020 approved and transmitted to the EU Delegation. 2. At least one meeting held on PFMC Strategy 2013-2020 involving Parliament and the Court of Accounts. Means of verification: MoF transmission of (i) minutes and (ii) press release of the meeting. 1. Public Finance Management Consolidation Strategy 2013-2020 with Action Plan put into force. Means of verification: (i) Strategy published in the MoF website. 2. At least one meeting held on PFMC Strategy 2013-2020 and related Action Plan development, involving Parliament. Court of Accounts. Means of verification: MoF transmission of (i) minutes and (ii) press release of the meeting. 3. At least one consultative meeting held on PFMC Strategy 2013-2020 and related Action Plan development, involving civil society/NGOs specialised in budget policy and donors community. Means of verification: MoF transmission of (i) minutes and (ii) press release of the meeting. 1. Public Finance Management Consolidation Strategy 2013-2020 with Action Plan on-going implementation. Means of verification: a synthetic and result-oriented progress implementation report transmitted to the EU Delegation 2. At least one meeting held on PFMC Strategy 2013-2020 and related Action Plan development, involving Parliament, Court of Accounts. Means of verification: MoF 1. Public Finance Management Consolidation Strategy 2013-2020 with Action Plan on-going implementation. Means of verification: a synthetic and result-oriented progress implementation report transmitted to the EU Delegation 2. At least one meeting held on PFMC Strategy 2013-2020 and related Action Plan development, involving Parliament, Court of Accounts. Means of verification: MoF transmission of (i) minutes and (ii) press release of the meeting. 3. At least one consultative meeting held on PFMC Strategy 2013-2020 and related Action Plan development, involving civil society/NGOs specialised in budget policy and donors community. Means of verification: MoF transmission of (i) minutes and (ii) press release of the meeting. transmission of (i) minutes and (ii) press release of the meeting. 3. At least one consultative meeting held on PFMC Strategy 2013-2020 and related Action Plan development, involving civil society/NGOs specialised in budget ...
Public Finance. 23. Rational use of public finance and optimum balance of public finance are not only conditions for joining the EU but also represent basic conditions for stable development. The social partners have therefore always devoted special attention to this field. Excessive growth of public expenditure can endanger our common efforts against rising prices and the burdening of the economy, while severe restriction can jeopardise the provision for public services. The partners shall therefore support the changes that are necessary to ensure a stable public finance system. The basic strategic aim of the fiscal policy is to restructure general government expenditure and revenue inflows that will have a stimulating effect on the competitiveness of the economy and will in the medium-term enable gradual balancing of public finance without increasing their share in GDP.
Public Finance. Developer (or if the Tribe purchases and leases the Property, the Tribe) shall finance and manage the construction and development of the Project without contribution or guaranty of any kind by the City. If requested by the Developer, the City will use its best efforts to assist in providing conduit financing in order to allow the financing to be tax-exempt under federal and state law; provided, that
Public Finance. The Ministry of Finance The Ministry of Finance is responsible for developing and implementing fiscal policy. The Ministry of Finance, among its other duties: • prepares and implements the state budget; • oversees the receipt and disbursement of budgeted revenues and expenditures; • establishes taxation and financial accounting policies; • administers China’s borrowings from foreign governments and international organizations; • engages in debt security offerings on behalf of the Central People’s Government; and • negotiates tax treaties with foreign nations. Fiscal Policy China is currently implementing a fiscal policy that focuses on quality, efficiency, and most importantly, sustainability. The key areas include: • Maintaining a proper amount of expenditure and enhancing the sustainability of fiscal policy. The deficit for 2021 is planned to be 3.2%, or RMB3.57 trillion, representing a decrease of RMB190 billion from 2020. • No more issuance of special treasury bonds to fight the epidemic. The Ministry of Finance oversees and plans the debt security offerings of the Central People’s Government, manages the scale and frequency of national debt offerings domestically, and maintains the market stability. • Improving and implementing the policy of tax and cost reduction. The Ministry of Finance would comprehensively consider the sustainability of fiscal policy and the difficulties faced by enterprises. Corresponding policies would be faithfully implemented to reduce the cost of enterprises in the real economy, improve the development environment for the enterprises, and stimulate the vitality of market players. The estimated total tax and cost reduction exceeds RMB700 billion in 2021. • Increasing the scale of transfer payments from the central government to local governments and ensuring the bottom line of the “three assurances” (livelihood, wage and operation). With the limited increase in financial resources, the central government plans to transfer RMB8,337 billion to local governments in 2021, of which RMB7,501.8 billion is general transfer payment, representing a significant increase of 7.8% over 2020. The transfer payments would target at governments at lower levels, and especially those in the middle and the western parts of the country and less developed areas. The transfer payments would support the normal operations at the local level and especially less developed areas, provide public services and other public utilities, and enhance the capabili...
Public Finance. General Public Budget In 2021, Shenzhen’s general public budget revenue was RMB425.77 billion. After having considered various transfer revenue, Shenzhen’s total public budget revenue was RMB622.38 billion. In 2021, Shenzhen’s general public budget expenditure was RMB457.02 billion. After having considered various transfer expenditure, Shenzhen’s total public budget expenditure was RMB612.66 billion. As a result, the balance of Shenzhen’s general public budget by the end of 2021 was RMB9.72 billion.
AutoNDA by SimpleDocs
Public Finance 

Related to Public Finance

  • Investment Company; Public Utility Holding Company Neither the Company nor any Subsidiary is an "investment company" or a company "controlled" by an "investment company" within the meaning of the Investment Company Act of 1940, as amended, or a "public utility holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Financial Public Relations Firm Promptly after the execution of a definitive agreement for a Business Combination, the Company shall retain a financial public relations firm reasonably acceptable to the Representative for a term to be agreed upon by the Company and the Representative.

  • SBC-12STATE 47.1.1 The terms contained in this Agreement and any Appendices, Attachments, Exhibits, Schedules, and Addenda constitute the entire agreement between the Parties with respect to the subject matter hereof, superseding all prior understandings, proposals and other communications, oral or written between the Parties during the negotiations of this Agreement and through the execution and/or Effective Date of this Agreement. This Agreement shall not operate as or constitute a novation of any agreement or contract between the Parties that predates the execution and/or Effective Date of this Agreement.

  • Public Outreach The Sponsor is responsible for development and administration of a public outreach effort to ensure public awareness and involvement in the Project development and delivery process. The Sponsor shall provide a copy of the public outreach plan and all materials documenting the public outreach activities, including public notices, press releases, flyers, etc. to the Authority. The public outreach plan must accompany the first invoice for payment from Sponsor. The materials documenting the public outreach activities must accompany the final invoice for payment from Sponsor.

  • PORTFOLIO HOLDINGS The Adviser will not disclose, in any manner whatsoever, any list of securities held by the Portfolio, except in accordance with the Portfolio’s portfolio holdings disclosure policy.

  • Portfolio Securities Portfolio securities of the Issuer may be bought or sold by or through Distributors, and Distributors may participate directly or indirectly in brokerage commissions or "spreads" for transactions in portfolio securities of the Issuer.

  • U.S. Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Public Utility Holding Company Act Neither the Borrower nor any Subsidiary is a "holding company" or a "subsidiary company" of a "holding company", or an "affiliate" of a "holding company" or of a "subsidiary company" of a "holding company", within the meaning of the Public Utility Holding Company Act of 1935, as amended.

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • Acquisition Corp Acquisition Corp. is a wholly-owned Delaware subsidiary of Parent that was formed specifically for the purpose of the Merger and that has not conducted any business or acquired any property, and will not conduct any business or acquire any property prior to the Closing Date, except in preparation for and otherwise in connection with the transactions contemplated by the Merger Documents and the other agreements to be made pursuant to or in connection with the Merger Documents.

Time is Money Join Law Insider Premium to draft better contracts faster.