), while others are short term in nature (MYEFO), while still others are very long-term by design (IR).
In contrast, the PEFO is the direct responsibility of the heads of treasury and finance.
The PEFO is projecting slightly weaker growth for the economy over the next two years compared to the budget in May.
Interestingly Treasury kicks off the PEFO with a blunt statement in its opening sentence that there were "substantial downside risks to the world economy outlook".
"We chose PEFO because it supports Palestinian youth in a purely academic manner.
Rami Barhoush, Board Director of PEFO says the foundation has helped 70 students graduate and is expecting to sponsor 40 to 45 this academic year.
Pledges received until end of August Although PEFO is always open for support and donations, the group will stop accepting pledges for the climb at the end of August.
(20.) The PEFO
document was in fact published on 23 October 2007.
The decline in net debt is expected to continue over the projection period--helped by underlying fiscal surpluses in prospect and further sales of the Australian Government's shareholding in the telecommunications company Telstra--and the September 2004 PEFO forecasts its elimination by 2006-07.
(13.) The PEFO 2004 provides for lower net-debt estimates in 2004-05 and an improved net worth position, relative to the May 2004 Budget estimates, reflecting the over-performance of the 2003-04 Budget and the upward revision to the projected surplus for 2004-05.