29.02.2016 19:04:00
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Government of Nunavut -- Moody's Sees Continued Expenditure Pressures in Nunavut's 2016/17 Budget
Toronto, February 29, 2016 -- Moody's notes that in its recently released 2016/17 budget, the Government of Nunavut (Aa1 stable) forecasts a minor deficit of CAD3.9 million for 2016/17 (0.2% of total revenue). This will follow a small operating surplus of CAD16.2 million for 2015/16 (0.9% of total revenue).