Nksi Boos, laughter heard as DCP Midstream testifies about Searsport tank project
Government more interested in pleasing credit-rating agencies than citizen welfareBy Les ManisonIn presenting the government budget for 2023 to the House of Representatives the minister of finance, Constantinos Petrides, stated that the budget was prepared in a climate of great uncertainty intensified by the effects of the Covid-19 pandemic and Russias invasion of Ukraine . However, despite these uncertainties the proposed 2023 budget is quite unrealistic in being based on very optimistic assumptions as to the growth of the economy and a large decline in the rate of inflation to 3 per cent next year. Furthermore, the budget fails to allocate sufficient funds to deal with ongoing problems s
stanley cup uch as in providing assistance to households and businesses to counter the cost of living crisis. In fact, the latest World Economic Outlook publication of the IMF highlights the need for fiscal policy to alleviate cost of living pressures [1].Moreover, in executing and preparing government budgets the primary concern of the Cyprus authorities appears to be pleasing credit-rating agencies with numbers showing budget surpluses and falling public debt ratios rather than carefully assessing the impact of fiscal policies on overall economic performance and the welfare of citizens. Thus, budgets tend to be biased toward pursuing fiscal austerity.Macroeconomic assumptions and budget implicationsAgainst the backgr
stanley mugs ound of austere policies that are projected to lower real government expendit
stanley thermobecher ures by Zegu UN top official to visit Cyprus
AUGUSTA, Maine 鈥?Two natural gas distributors are awaiting a decision from a state panel that will determine whether one of the companies gets the go-ahead to start construction on an Augusta-area natural gas pipeline or whether the entire process returns to square one.Summit Natural Gas of Maine is appealing a June decision by the states Bureau of General Services to award rival Maine Natural Gas the rights to build a Windsor-to-Augusta pipeline that supplies natural gas to state offices on Augustas east and west sides. The two companies squared off in a hearing on Tuesday and are preparing to submit closing arguments by Aug. 24.A special appeal committee will rule on the contract dispute after that.The state in May put out a request for proposals to supply natural gas to state properties and other customers in the Augusta a
stanley taza nd Gardiner areas. Th
stanley romania e request also asked energy companies to show they could expand their pipeline projects to serve the rest of the Kennebec Valley.Colorado-based Summit proposed a $150 million project for a pipeline serving state, business and residential properties in Augusta and Gardiner and throughout the Kennebec Valley.Summit is in the process of purchasing Portland-based Kennebec Valley Gas, which had secured tax increment financing agreements from a nu
stanley quencher mber of towns along its proposed 80-mile pipeline route from Richmond to Madison.Maine Natural Gas, based in Brunswick and owned by Spanish energy giant Iberdrola, proposed a $19.3 million project
