In traditional terms, the autumn statement could be regarded as neutral. The myriad adjustments to expenditure and revenue were designed to offset each other. But in reality, it is highly restrictive. For the key fiscal aggregates – the current budget deficit, public sector net borrowing and the public sector and government cash requirements – are expected on all definitions to shrink in 2012-2013 by 0.5 to 1 per cent of gross domestic product.
传统上,英国秋季预算报告可被视为是中性的。各项收支调整举措的效果最终应该是相互抵消的。但实际上,这一次的秋季预算报告极具限制性,原因在于,一些关键性总量指标(经常预算赤字、公共部门净借款(PSNB)、以及政府收支短差(PSNCR))都必须硬性缩减,这些指标的数值占国内生产总值(GDP)的比重在2012至2013年之间必须下降0.5%至1%。
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