The new national budget has forecast a 40 drop in oil revenues compared to the previous year's projected figure.

In line with the revenue increases forecast, most Gulf Cooperation Council countries took prudent stances for their 2005 budget formation, boosting demand without overstretching their budgets.

The French government expects budget revenues to match all spending except debt service by 2014. But that forecast assumes continued growth, whereas France is slipping into recession.

(I serve on the CBO s Panel of Economic Advisers, which comments on the draft forecast twice a year, but does not assess budget proposals or anything else.)

Table 3 Income Expenditure Forecast 2005

The forecast figures refer to 2003 dollars.

In one of the most telling cases, the regular budget of a major specialized agency dropped from over two thirds of its total programme resources in the mid 1990s to less than 30 per cent of the budget forecast for the 2006 2007 biennium.

The alternative forecast implies that the annual budget deficit at the end of ten years will be back up to 4.7 of GDP, with the debt GDP ratio at 83 and rising.

Such successive downward forecast revisions have become commonplace.

But that is my hope, not my forecast.

It is difficult to make a credible forecast.

Projections until the end of the budget period are based on the latest available monthly rate and no attempt is made to forecast the movement of currencies vis à vis the United States dollar.

But the forecast proved to be far too optimistic.

Regulators proved unable to forecast and prevent the crisis.

The project delivery forecast for 2005 is 641.40 million.

Forecast based on reports up to and including August 2003.

Population change happens slowly, but its effects can be forecast early.

For independent observers, the ministry s grim forecast comes as no surprise.

However, meteograms can be constructed using observed data or forecast data.

Excuse me, do you know what is the weather forecast for tomorrow?

There are two possible reasons for the discrepancy between forecast and outcome.

But Iran has been forecast to develop the bomb for 20 years.

PARIS In early November, the Russian government released its latest macroeconomic forecast.

But that forecast assumes continued growth, whereas France is slipping into recession.

The number of unemployed people is forecast to be 65,000 in 2015.

The bullwhip effect is an observed phenomenon in forecast driven distribution channels.

The revised forecast now is 779 million as at 31 December 2005.

Annex III, table 5 also shows the forecast of these contributions separately.

In the United Kingdom, the 2010 forecast of the Office for Budget Responsibility (OBR) projected 2.6 growth in 2011 and 2.8 growth in 2012 in fact, the UK economy grew by 0.9 in 2011 and will flat line in 2012.

The regular budget situation was much more uncertain than it had been at the Committee's 4th meeting, when he had forecast an available cash balance of 294 million based on expected payments of 400 million in the last quarter of 2005.

But enlargement fatigue among the member states continues to muddy this optimistic forecast.

The Ifo Institute has forecast that GDP will contract by 2.2 in 2009.

Government reserves were forecast to stand at 35 million as at March 2005.

While the Council eventually agreed to cover the difference in the 2012 budget, an even greater shortfall is forecast for this year and many member states are unable to oblige the Commission s request for an additional 11.2 billion to cover these outstanding liabilities.

The palu also had an uncanny ability to forecast weather conditions days in advance.

Yet it is almost certainly the sort of forecast of which they should beware.

A typical reaction was to raise the forecast for 2011 from 2.5 to 3.5 .

This ratio also compares unfavourably with the financial plan forecast of 45 per cent.

A week after the ministry s forecast was released, the European Bank for Reconstruction and Development Russia s largest foreign direct investor followed suit, cutting its growth forecast for Russia to 1.3 in 2013 and 2.5 in 2014.

As Charles de Gaulle forecast, It is not any European statesman who will unite Europe.

What is hardest to forecast, though, are turning points when the old relationships break down.

Increasing resettlement needs have been identified in 2004 but are forecast to decrease in 2005.

Nowadays, the need to forecast emergency situations and for disaster preparedness is becoming increasingly evident.

The ministry s baseline forecast assumes that the price of oil Russia s main export will grow at 9 per year in real terms over the next 17 years, or more than three times the forecast for Russia s annual GDP growth.

Although growth was expected to slow subsequently, it was forecast at roughly 2 in 2012 2013.