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Transcripts For CSPAN2 Key Capitol Hill Hearings 20150417

Remarks and thank you for being with with us. There will be a conversation here at a conversation here at the table and we will open that up as long as time allows. Thank you very much. Thank you very much for the introduction and for inviting me i am very honored. I can only address a few of the problems you just mentioned because i am only the finance minister. It was quite successful after all. You might think that our decisionmaking processes are complicated and you might think that your policies will lead to little or no growth. I can simply tell you that once the economy is growing again and every country is expected to grow but i want to raise a more fundamental question. How can advanced economies achieve growth . For the past quartercentury there was a credit boom in 1997 and after that it came back in 2007. At the beginning of each of these cycles people thought we were entering a new era of prosperity. It became clear long ago that the instrument no longer works the way it u

Transcripts For CSPAN2 Key Capitol Hill Hearings 20150417

I tried to mention shortly, normally i speak longer but i would prefer to save time for questionandanswer is we have one of the major problem of all economies to increase. There are gross expectations for coming here. And they have given the recommendation not to increase our expenses but to reduce our taxation. We will spend in our government anything available for increasing infrastructure. If i increase Infrastructure Investment germany will be better. We have federal government, we have state level that we have to keep in mind and we need to deliver more. I think we have a balanced way to increase investment. It has become better in 2005. She has very much relied on strengthening the part of federal budget increasing federal budget for research and education. No government, never has increased the budget for research and education. Even in this year and you know germany very well education is a great responsibility. But federal spending for states to raise money for education has n

BISP programme surpasses 85,517 beneficiaries in AJK

BISP programme surpasses 85,517 beneficiaries in AJK
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