Word: budgeting
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...need to restore confidence in the financial system and the demand for foreign trade. Most stimulus packages are designed to meet these two needs. More difficult to swallow might be the recommendation to up the "quantity and quality" of direct aid to developing countries, an area of the budget many countries are already slashing. The report makes it clear that developing countries are desperately in need this assistance during the recession to meet basic needs, but that's the problem - as the recession deepens, everyone else needs a hand...
...anticipation of a 30 percent drop in endowment value, University administrators are already scaling back on operating expenses and planning budget cuts for the next fiscal year...
...tended toward pushing plans off—it is far too late to not have a clear conception of what January will be. The schedule change has been under consideration for years, and the idea that the College is still uncertain about this essential component is troubling. If budget anxiety is to blame for the prolonged uncertainty, then the administration ought to be transparent about that. And, if truly no concrete decisions have been made, then it must make finalizing this aspect of the calendar a priority...
...students are really interested in urban education,” she said. “It’s a great opportunity for them to look at a new model and teach.” Despite these shifts, Meunier said that the budget for the ASB program—totaling approximately $50,000—will be “substantially smaller” than last year’s due to the economic climate. Operating costs for this year’s program will be about 25 percent lower than last year, partially because of cheaper plane tickets...
...designed to jump-start the economy and create or save jobs. “The stimulus package will help enormously,” said Patrick in a testimony to the State’s Ways and Means Committee last week, “But it will not close our budget gap.” In order to address the state’s current $1.1 billion shortfall, Patrick said the state needs new sources of revenue—such as a proposed increase in the gas tax—and budget cuts. —Staff writer Liyun...