Dubai: In the context of persistent low oil prices resulting in lower economic growth across the oil exporting countries, the GCC countries need to continue fiscal consolidation at a gradual phase
, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook.
Our working assumption is a gradual phase
in, with around 50 per cent of the consumer basket affected in 2018, increasing gradually to cover all household spending in the following five years.
The Centre hinted that it also preferred a gradual phase
out instead of a ban at one go.
Over the past fifteen years, the refrigeration industry has seen the gradual phase
out of synthetic, ozone-depleting refrigerants.
EU foreign ministers still needed to discuss whether there would be a gradual phase
in view of an Iran oil embargo, in order to give Greece, Italy and Spain more time to adjust, Soevndal said.
Heather Steans (D-Chicago), provides for the gradual phase
out of the volatile organic compound, which has been detected in groundwater and in community drinking water systems in Illinois.
The company's CompuStep feature provides gradual phase
angle-fired voltage during warmup, and its CompuCycle utilizes zero crossover power to improve response time, reduce thermal fatigue, and prolong heater life.
It was further hypothesized that the hearing loss would occur in two stages--a long, gradual phase
followed by a rapid, more progressive deterioration.
The language recommends that enforcement provisions be included to provide for what happens if Congress or the President fails to comply with the requirement and its gradual phase
in, since immediate implementation would force tax increases or spending cuts equal to the amount of all current domestic discretionary spending.
Figure 4 has a steep phase slope while the other has a more gradual phase
Cesar Sarmiento, chair of the House committee on transportation who also attended the event, said his committee had already formed a technical working group for the gradual phase
out of what he described as 'unsafe vessels,' particularly those running for at least 20 years.
Mr Morgan also said he wanted to see a gradual phase
out of targets in the NHS in Wales because they were forcing health care towards political rather than patient need.