A similar rule in Australia would imply a budget surplus of 2% this year, argues Mr McKibbin.

若澳大利亚出台相似的法律，则今年的预算必须有2%的盈余，麦克基宾说。

youdao

The first is a numerical policy rule, such as a target for the debt ratio or, as in Chile, a pledge to run a budget surplus of 1% of GDP over the business cycle.

首先，要有一个量化的政策体系，例如债务目标比率，或像智利一样，在经济周期中把预算盈余设定为占gdp的1%。

youdao

For them, the pact's medicine of maintaining a balanced budget over the business cycle and of punishing the trespassers of the magical 3 per cent deficit rule was appropriate.

公约所开的药方是，在商业循环周期维持平衡预算，如超过重要的3%赤字规则便会受到惩罚，该规则对这些国家来说合适的。

youdao

Should he refuse to adopt a balanced-budget rule it is hard to imagine Mrs Merkel taking him to court.

ECONOMIST: Charlemagne

It includes a "balanced budget rule" that requires governments to keep deficits below 0.5% of gross domestic product, among other things.

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The three percent budget deficit rule for admission was the right way to go.

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