The IMF argues that movements in the CAPB can give a misleading impression about changes in a country's fiscal stance.
IMF认为经周期调整的财政预算平衡的变化可能会使人们产生对于本国财政政策的方向性误解。
The Treasury’s fierce fiscal retrenchment would undoubtedly hurt the economic recovery. But the Bank of England would add balm by maintaining an extraordinarily loose monetary stance.
国库的猛烈的财政紧缩无疑会打击经济的恢复，但是英格兰银行将通过维持超乎寻常的货币宽松姿态缓解这一阵痛。
The Treasury's fierce fiscal retrenchment would undoubtedly hurt the economic recovery. But the Bank of England would add balm by maintaining an extraordinarily loose monetary stance.
国库的猛烈的财政紧缩无疑会打击经济的恢复，但是英格兰银行将通过维持超乎寻常的货币宽松姿态缓解这一阵痛。
And Mr. Noda is deeply concerned about Japan's fiscal health, not flinching from his bold but controversial stance in favour of higher taxes.
野田先生深深地忧虑日本的财政状况，他支持提高的税收，这一观点大胆且颇具争议，但他相当坚定。
The most controversial is the Swiss stance, which sees tax as a morally neutral battle of wits against the fiscal authorities: quite different from money-laundering or fraud.
瑞士是最具争议的，因为它一贯将税收看成智者与财政机关良性的道德战，它区别于洗钱和诈骗。
The most controversial is the Swiss stance, which sees tax as a morally neutral battle of wits against the fiscal authorities: quite different from money-laundering or fraud.
瑞士是最具争议的，因为它一贯将税收看成智者与财政机关良性的道德战，它区别于洗钱和诈骗。
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