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Alaska needs a stable budget so our economy can recover


Alaska needs a stable budget so our economy can recover
Author: Michael Martin
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The members of the Alaska Bankers Association commend Alaska’s legislators and governor for their willingness to serve Alaskans during these challenging times and to make the difficult choices ahead to resolve the state’s ongoing fiscal imbalance. Like each of them, we value our state and offer our perspective on achieving a stable financial future for Alaska.
Alaska’s banks are integral to Alaska’s economy through investment in our local communities, businesses and families. Through extending credit, banks function as the creators and allocators of most of the money supply. When bank credit is extended for productive purposes, the economy grows. However, as reported by the Federal Bureau of Economic Analysis, our pre-pandemic GDP was lower than reported in 2008. ....

United States , Bureau Of Economic Analysis , Alaska Bankers Association , Alaska Permanent Fund , Federal Bureau , Economic Analysis , ஒன்றுபட்டது மாநிலங்களில் , பணியகம் ஆஃப் பொருளாதார பகுப்பாய்வு , அலாஸ்கா வங்கியாளர்கள் சங்கம் , அலாஸ்கா நிரந்தர நிதி , கூட்டாட்சியின் பணியகம் , பொருளாதார பகுப்பாய்வு ,