The zero-deficit budget sets spending and revenues at about $ 39 billion, substantially higher than this year's revenue figure of $ 30 billion.
42.
Center-right opposition parties have repeatedly said they would not vote for a deficit budget and also were objecting any increases in social insurance.
43.
A DEFICIT budget for the next fiscal year might violate the spirit of Article 107 of the Basic Law, a legal expert said yesterday.
44.
Tsang called on the government to raise taxes or introduce a deficit budget if it needed extra money to cover expenditures, the Post said.
45.
Ukraine's parliament on Thursday approved a deficit budget for 2003 that reflects lawmakers'pressure for increases in wages for civil servants and in social payments.
46.
Democratic Alliance for the Betterment of Hong Kong chief Tsang Yok-sing urged Sir Donald yesterday to relax his stance and post a deficit budget.
47.
The two consecutive years of deficit budgets are a result of an economic crisis marked by flat growth and near insolvency in the financial sector.
48.
Last week, leaders of seven major political parties from across the political spectrum agreed at a rare meeting to back a deficit budget if necessary.
49.
The third issue, was the territories deficit budget, the territory was facing huge pressures from a rapidly increasing population in all parts of the territory.
50.
He said a deficit budget might only be needed and justified under exceptional circumstance which leaves no option other than breaking the principle of the article.
