Glossary entry

Spanish term or phrase:

mejorar las cuentas públicas

English translation:

improve public accounts

Added to glossary by Brenda Joseph
Feb 24, 2009 18:31
15 yrs ago
1 viewer *
Spanish term

mejorar las cuentas públicas

Spanish to English Bus/Financial Business/Commerce (general)
Hacia fines de 2006 había gran incertidumbre acerca de cuales serían las próximas medidas que tomaría el gobierno. Diferentes entidades del sector agropecuario presionaban al gobierno para reducir la intervención en los mercados. Pero el control de los aumentos de precios era de suma importancia para el gobierno y se estaban tomando medidas que incluían no solo aumentos en las retenciones a la exportación, sino también la prohibición o limitación de las exportaciones de algunos productos, como carne vacuna y trigo. Controlar el precio de estos productos era de especial interés para el gobierno ya que tenían influencia en los índices de precio por su gran consumo en Argentina. Estas medidas implicaban grandes cambios en la rentabilidad de empresas del sector agroindustrial. Los argentinos enfrentaban un gran dilema: exportar para mejorar las cuentas públicas y generar riqueza o atender la demanda interna de alimentos baratos para frenar la inflación y atender los sectores más pobres

Proposed translations

+8
3 mins
Selected

improve public accounts

-

--------------------------------------------------
Note added at 15 minutos (2009-02-24 18:46:58 GMT)
--------------------------------------------------

Governments have also used securitisation to get round rules they have agreed to. European countries adopting the Euro as their currency agreed that annual government borrowing should remain below 3 per cent of GDP and that the ratio of government debt to GDP does not exceed 60 per cent. EU governments have turned to derivatives and securitisation as a means of removing debt from the **public accounts**** and of raising capital without increasing their official debt burden.
http://www.eurodad.org/whatsnew/articles.aspx?id=3024

One cause of discrepancy with the Ministry of Finance’s public accounts may result from SNA 1993 methodology: taxes and social contributions are not recorded on a cash basis (like in most countries’ public accounts) but on an accruals basis.

Finally, in some limited cases, another source of discrepancy with the ***public accounts** may be the notion of tax itself. In national accounts, this notion may not strictly coincide with the one in public accounts, for two reasons:

Some taxes in the **public accounts*** may be interpreted in the national accounts as the purchase of a service (under the condition that the price is not out of proportion with the cost of providing the service): they will then be accounted for as market output
www.esds.ac.uk/international/support/user_guides/oecd/na-iv...
Peer comment(s):

agree rodribo
6 mins
Gracias, Luis
agree eski : Saludos :)
15 mins
Cheers, Eski
agree patinba
22 mins
Thanks, Pat!
agree Nelida Kreer
28 mins
Thanks, Niki
agree Patricia Novelo
44 mins
Thanks, Patricia
agree Ivan Nieves
3 hrs
Thanks, Covelas
agree Mónica Sauza
4 hrs
Thanks, Mónica
agree Sgallomuniz : Coincido. Saludos, Silvia
8 hrs
Gracias y saludos, Silvia
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Gracias Lisa!"
12 mins

increase public / government revenue

=
Something went wrong...
13 mins

boost public funds

An option.
Something went wrong...
10 hrs

improve the balance of trade/payments position

I'm probably implying that the writer made a mistake in his choice of words. When a state exports, it does not improve the public accounts as a direct result; domestic trade is effective as well in generating public revenues. Note the following definition of
BALANCE OF PAYMENTS:
A systematic record of a nation's total payments to foreign countries, including the price of imports and the outflow of capital and gold, along with the total receipts from abroad, including the price of exports and the inflow of capital and gold. (Answers.com)
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search