Traduction de «pays à paiements déficitaires » (Français → Anglais) :

The determination shall be made in light of the evolution of the international monetary system, with particular reference to sources of liquidity, and, in order to ensure the effective operation of a system of par values, to arrangements under which both members in surplus and members in deficit in their balances of payments take prompt, effective, and symmetrical action to achieve adjustment, as well as to arrangements for intervention and the treatment of imbalances.

These market or policy failures imply a misallocation of resources and a build-up of imbalances and vulnerabilities in both surplus and deficit countries.

I wonder if my hon. colleague agrees with that, in view of the fact that by April and May of 2008, six months before the recession began, this government had put the country back into deficit, that the budget brought down eight or nine months later, in January 2009, was for the 2009-10 fiscal year, which did not start until April 1, 2009.

Cooperation in this area shall strengthen cooperation, exchange of knowledge and experience and partner countries' capacities on the four pillars of food security with a gender sensitive approach: food availability (production), access (including land, infrastructure for food transport from surplus to deficit areas, markets, establishing domestic food reserves, safety nets), utilisation (nutrition interventions in socially aware ways) and stability, while also addressing fair trade and prioritising five dimensions: smallholder agriculture and livestock-keeping, food processing to create added value, governance, regional integration and a ...[+++]ssistance mechanisms for vulnerable populations, by:

It put the country in a deficit even before the recession.

What we see is a lack of discipline in spending, which could lead the country back into deficit.