Norway sees budget surplus of 15.7 billion euros in 2005
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Norway's center-right government presented a draft 2005 budget that contained a comfortable surplus thanks to the country's massive energy resources.
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Tight spending controls will allow France to cut its budget deficit by about euro10 billion (US$12 billion) in 2005 and conform with EU rules, the French prime minister said in an interview.
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France will meet its European budget commitments in 2005, bringing its deficit under the 3 percent EU limit for the first time in four years, Finance Minister Nicolas Sarkozy said Wednesday, touting the extent of the slash as unprecedented.
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Oil-rich Kuwait posted an actual surplus of 4.8 billion dollars in the 2003/2004 fiscal year that ended March 31, its fifth consecutive windfall, on the back of high oil prices and output, a specialist report said.
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Ok a budget 2005, utile netto a 1,51 miliardi
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The European Parliament approves the EU budget for 2006, setting spending at Â£76bn.
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China had a trade surplus of $85.72 billion in the first five months of 2007, up more than 80 percent from the same period a year before, a commerce ministry official said on Saturday.
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Conflicts have cost Africa $300bn over 15 years, equivalent to aid received in that period, a report says.
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Norway has turned income from its 3.3 million barrels per day offshore oil production into a government-owned investment fund worth about $165 billion.
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Italy&#39;s lower house of parliament will hold a confidence vote today on Prime Minister Silvio Berlusconi&#39;s 2005 budget plan, which includes tax cuts and 24 billion euros ($32.7 billion) in deficit-reduction measures.
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South Africa's finance minister says the country will spend 15bn rand ($2bn) preparing for the 2010 World Cup.
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Oil-rich Saudi Arabia is headed for a budget surplus of as much as 35 billion dollars this fiscal year, as it enjoys a revenue windfall with world crude prices hitting new highs, analysts said.
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OTTAWA (CP) - The federal government is on pace to record a budget surplus of at least &#36;8.9 billion when the fiscal year ends in March, Finance Minister Ralph Goodale announced Tuesday.
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Canada recorded aC$9.1 billion ($7.9 billion) budget surplus in fiscal 2004, five times the government&#39;s forecast, as accelerating economic growth generated a tax windfall for Finance Minister Ralph Goodale.
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A Â£7.5m scheme will match private donations to universities with government money.
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Chancellor Gerhard Schroeder's Cabinet approved budget guidelines for 2005 on Wednesday that would see Germany's deficit below the European Union limit for the first time in four years.
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France&#39;s public deficit will drop by about euro10 billion (US$12 billion) in 2005 to conform with European Union rules, the French prime minister said in an interview.