高頓網(wǎng)校小編與您一起分享ICAEW(ACA)新聞:Public finances could impact economic recovery, says ICAEW。
 
  Commenting on the public sector finances for July 2014, Sumita Shah, Public Sector Policy Manager at ICAEW, said:
  “The latest figures are a mixed bag for the government. The deficit for this month is smaller than the same point last year, but longer-term trends show that the government is failing to keep the deficit under control. It is astonishing that public sector net debt, excluding financial interventions, is ?97.8bn higher than 12 months ago. If left unchecked, this has the potential to severely impact on our economic recovery in the medium term.
  “As we enter into a prolonged election campaign, there is a real danger that the deficit could be neglected in favour of short-term politicking. The government must take steps to reform the Treasury into a modern finance ministry to enforce financial discipline. Only then can the government truly work to fix our public finances and deliver value for money throughout our public services.”
 
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