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Menem unveils austerity plan

Article Abstract:

Menem had Finance Minister Domingo Cavallo introduce his financial plan, which was designed to help reduce the country's burgeoning budget deficit and to improve investor confidence because of the weak economic conditions in Mexico. Increased tax revenues and budget cuts comprise the plan.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995

Argentina, Menem, Carlos Saul

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Balladur sets austerity budget

Article Abstract:

French Premier Balladur announced a plan to reduce the 1993 budget deficit to 4.5% of GDP on May 10, 1993. France's budget deficit for 1993 was estimated at $76 billion. The French government planned to give more independence to the Bank of France.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993

France, Budget, Budgeting, Budgets, Balladur, Edouard

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Subjects list: Economic policy

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