consolidated fund


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Consolidated Fund

n
(Economics) Brit a fund into which tax revenue is paid in order to meet standing charges, esp interest payments on the national debt
Translations

consolidated fund

n (Brit Fin) → konsolidierter Staatsfonds, unablösbare Anleihe
References in periodicals archive ?
The 20-year loan with a 5 1/2 year grace period, was secured at 1.27% and will be disbursed to the Consolidated Fund to support efforts by the government to reduce the public debt/GDP ratio and stimulate economic growth and development.
"One of the ideas, which still needs discussion, is for dues from major international companies which produce oil to be placed into a special consolidated fund or, and perhaps together with that, for the insurance of such risks paid for by those corresponding dues,"
Central government itself refunded Ush39bn ($23m) while various local governments returned Ushl.4bn ($826,000) to the country's consolidated fund. Each financial year, Uganda's Ministry of Finance releases money to each of the country's ministries, departments and districts who are required to account for the disbursement of their funding at year end and return unused funds to the central bank.
An Executive spokeswoman said: "The First Minister's pension will be paid from the Scottish Consolidated Fund."
The Government's share of any valuation surplus from the Mineworkers' Pension Scheme is released over a 10-year period and paid directly into the Consolidated Fund as Consolidated Fund Extra Receipts'.
Lim had said the money would be deposited into the Consolidated Fund and then redirected to Sarawak to fix the dilapidated schools.
The VAG Lotto will bring an additional revenue stream to the Consolidated Fund, as well as ensure the creation of over 20,000 jobs directly and indirectly.
Article 79 of the Constitution states that all matters relating to the federal consolidated fund and its operation 'shall be regulated by Act of Majlis-e-Shoora (parliament) or, until provision in that behalf is so made, by rules made by the President'.
KARACHI -- Sindh Chief Minister Syed Murad Ali Shah has said that the Federal Board of Revenue (FBR) was reluctant to refund the Rs7,054.743 million it had deducted from the provincial consolidated fund during 2012, 2015 and 2016.
KARACHI -- Sindh Chief Minister Syed Murad Ali Shah on Monday said that the Federal Board of Revenue (FBR) was reluctant to refund Rs7054.743 million it had deducted from the Provincial Consolidated Fund during 2012, 2015 and 2016.
The auditor says there was sufficient evidence to show the proceeds of the sovereign bond were received into the Consolidated Fund.

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