| After the pension scheme was revalued in the wake of the dotcom bubble, that surplus turned to a deficit. |
| The result was a deficit in the so-called balance of payments, which was paid for by foreigners cashing in those dollars for gold. |
| The upshot was that, although approved, the reforms were too watered-down to have any serious effect on the deficit. |
| One is the position of the Commonwealth budget and the other is the balance of payments current account deficit. |
| As a result, the nation's balance of trade in chemicals, a rock-steady surplus for 80 years, has become a deficit. |
| He was much quicker but could not get past and unfortunately, the time deficit by the time of his first stop was too big to handle. |
