Discover and read the best of Twitter Threads about #Budget2017
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I studied & decoded every #Budget from 2012 - 2022 so that you don't have to.
Interestingly every #Budget has a pattern, which needs to be cracked. So i did it for you !
Like and retweet appreciated : telegram.me/chartians
Detailed explanation below 👇👇
#Budget2023
Interestingly every #Budget has a pattern, which needs to be cracked. So i did it for you !
Like and retweet appreciated : telegram.me/chartians
Detailed explanation below 👇👇
#Budget2023
Budgets under Modi Regime and their returns.
Arun Jaitley - 2014 :: 2018 (-0.23, 0.65, -0.61, 1.81, -0.10)
Nirmala Sitharaman - 2019 :: 2022 (-1.14, -2.51, 4.74, 1.16)
Arun Jaitley - 2014 :: 2018 (-0.23, 0.65, -0.61, 1.81, -0.10)
Nirmala Sitharaman - 2019 :: 2022 (-1.14, -2.51, 4.74, 1.16)
The final evidence session for our #Budget2017 inquiry will be with the Chancellor @PhilipHammondUK. Watch it live at 2pm here: goo.gl/2Xa7rz
@PhilipHammondUK Our session with the Chancellor is just about to start. Watch it live here: goo.gl/2Xa7rz
@PhilipHammondUK The session is underway.
Today we're questioning taxation and accounting experts on #Budget2017. We'll hear from Andrew Courts of @ACCA_UK, Frank Haskew of @ICAEW, and @Ray_McCann55 of @CIOTNews. Tune in live from 10am here: goo.gl/KGwYWi
The third session of our #Budget2017 inquiry is with the @OBR_UK. We'll hear from Robert Chote, Graham Parker, and Professor Sir Charles Bean. Watch it live from 9.45am here: goo.gl/9RSnAs
@OBR_UK This session is just about to start.
@OBR_UK And we're off!
Among reasons for opposing Brexit is UK's unpreparedness for such a huge change! Unless we stop this now, the purported benefits may be less than pre-sold? and the warned downsides may well be worse? If either or both? our public finances could implode under self-imposed strain.
Consider UK's low productivity relative to our G20 peers - well publicised but poorly understood? Improving 'this' over a sustained period would surely have been preferable pre-requisite prior to anything as profound as Brexit!
Look at UK's ballooning national debt, which has 'more than quadrupled' since John Major left office in 1997. Ask any ordinary Jo if they'd fancy racking up such a huge mortgage? (ours is £2 trillion) before resigning a job to venture into business on their own!
Later on today, we're questioning economists as part of our #Budget2017 inquiry. We'll hear from @PJTheEconomist of @TheIFS, @AnnPettifor of @primeeconomics, and Jagjit Chada of @NIESRorg. Watch live from 2.15pm here: goo.gl/D81Uns
@PJTheEconomist @TheIFS @AnnPettifor @primeeconomics @NIESRorg This session is just about to start #Budget2017
Our first #Budget2017 session is on housing. We'll hear from @natfednews, @fmbuilders, & @LGAcomms. Watch it live at 9.15am here: goo.gl/oWUKqY
Thread: The stats behind the #Budget2017 spin. GDP revised down by an average of 0.4% a year. Earnings growth revised down by an average of 0.5% every year. Productivity growth revised down by an average of 0.7% a year. 1/
Why the downgrades? This is from OBR: "The fall in the pound that followed the EU referendum has pushed up consumer price inflation and squeezed households' real incomes and spending" 2/
Also from the OBR: "Sterling's fall has seen inflation pick up more rapidly in the UK than in the other major economies, contributing to weaker real growth" 3/
This is what you should expect from us in 2017:
Implementation of the public-private partnership models we have developed, to deliver critical Infrastructure in power, roads and rail
We will continue to confront the inherited issue of indebtedness to contractors & other third parties, & negotiate realistic payment plans
Our Econ Plan is the 'Economic Recovery and Growth Plan.' One of its cornerstones is promoting local content and empowering local businesses
We will also continue our ongoing reforms to enhance the efficiency of the management of our oil and gas resources.
From January 2017, the Federal Government will no longer make provision for Joint Venture (JV) cash-calls.
On this occasion, I urge you not to lose faith in the ability of this administration to make a positive difference in your lives.
The reality of the temporary challenges we're facing should not undermine our hope, or reverse our collective will to succeed, or divide us.
Instead, these current challenges should remind us of why we need to stay together, fight together and succeed together, as a nation.
