Firms slashed their capital budgets and pared back stock levels when their export sales collapsed.

当公司出口销售崩溃时，它们削减开支和库存水平。

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Spain and Ireland have made large cuts in their capital budgets but have lowered current spending by more.

西班牙与爱尔兰大量减少资本预算，但是对消费性开支的缩减更大。

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Businesses would ramp up output and hiring, restoring capital budgets for new computers and equipment.

企业将增产、招人，恢复为新的电脑和设备安排资金预算。

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Provinces and municipalities, responsible for things like housing, water and sanitation, routinely underspend their capital budgets.

ECONOMIST: The South African state has a welcome fiscal problem

Spain and Ireland have made large cuts in their capital budgets but have lowered current spending by more.

ECONOMIST: Budget cuts in the euro area

So, in straightened times for government capital budgets, will Diageo contribute to the costs of a new line to Leven?

BBC: Reversing Dr Beeching