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The European Union created a vast contingency fund in 2010 to counteract the Great Recession. [1]European finance ministers, the European Central Bank (ECB), and the International Monetary Fund (IMF) took steps to address the government debt crisis in Europe, which began in Greece by establishing a joint EU-IMF program to provide access to nearly $1 trillion in loans for the 16 eurozone ...
A small business emergency fund — sometimes called a contingency fund — is a stash of savings that a business draws from during an emergency or financial challenge. ... For example, you could ...
An emergency fund, also known as a contingency fund, [1] is a personal budget set aside as a financial safety net for future mishaps or unexpected expenses. A critical part of financial planning, it is supposed to ensure one's personal finances are prepared for any emergency so that the risks of becoming dependent on credit, falling into debt, or running out of money in general are reduced if ...
Funds that are eligible for FMAP match include Medicaid, State Children's Health Insurance Program (SCHIP) expenditures, Temporary Assistance for Needy Families (TANF) Contingency Funds, the Federal share of Child Support Enforcement collections, and Child Care Mandatory and Matching Funds of the Child Care and Development Fund.
A council has managed to cut its forecasted deficit from £8.1m to £5.6m by dipping into contingency funds. Southend-on-Sea City Council's latest financial report found it had drawn on £3m.
Contingency funds are funds that are released to assist with home energy needs due to emergency situations. They may be allocated to one or more grantees, or to all grantees, based on criteria appropriate to the nature of the emergency. Generally, these funds are released in response to extreme weather conditions or energy price increases.
The Contingencies Fund Act 2021 (c. 9) is an act of the Parliament of the United Kingdom which allowed for a temporary increase in the maximum capital of the United Kingdom's contingency fund from 2%, as set out in Section 1 of the Contingencies Fund Act 1974, to 12%.
On April 24, the Senate passed an amendment to the bill (S. 1484). S.1484, also called the Vietnam Contingency Act, established the Vietnam contingency fund and lowered the amount of funds to $1 million during 1975 for humanitarian and withdrawal purposes that the President determines is in the national interest.