Government Finance Statistics: Year ended June 2013
Government Finance Statistics (Central Government): Year
ended June 2013
6 June 2014
In the year ended June
• Central government net operating deficit
reduced to $0.6 billion.
• Total revenue increased 4.4
• Expenses increased 0.8 percent.
borrowing fell to $2.2 billion.
• Net worth totalled
$60.6 billion at 30 June 2013.
• Total assets decreased
• Total liabilities decreased 5.4
For more information about these
statistics: Visit Government Finance Statistics (Central
Government): Year ended June
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Syriza Win Greek Election: The Rumblings Of The Left
Binoy Kampmark: The left – and by this, the genuine, progressive, unmanagerial left – is getting noisy. The Greek elections are upon us, with the similar challenges being played out from 2012. There are fears of Grexit – a heavy breathing departure from the eurozone that will do everything to rattle the central currency mechanism that has been taking a battering...
Much of this has been triggered by the moral outrage and political response of the left grouping centred on Syriza of Greece. The movement has been said to have similarities to a new constellation of power in Spain, led by Podemos. Syriza, led by Alexis Tsipras, has promised to renegotiate the terms of Greece’s 240 billion euro international bailout arrangements. Both parties point out to the distance between elector and the elected, a creeping death of democratic accountability in favour of market propriety. More>>