Mr. Moffat helped shape the current system of state budgeting and proposed fiscal changes that only came into fruition decades later.

His focus is always to ensure that vulnerable Londoners are protected in any fiscal and legislative change.

Recent fiscal changes affecting the ownership of wealth have been considered in Part II.

Among some of the new government's plans are wide-ranging fiscal changes to help raise money for increased social spending in areas like education and health care.

Neither, for that matter, will fiscal changes - such as to recent hike in VAT by 2.5 percent nor asking banks to put a ceiling on bonuses.

There are two major fiscal changes in the new budget.

Although in recent years Mexico had a currency exchange black market, it was eliminated by fiscal changes in 1985.

In addition, the provisional Government is considering plans for liberalizing the circulation of foreign currency, creating stock markets and making other fiscal changes.

Mr. Koizumi has virtually argued the opposite, saying during his campaign that Japan's recovery can take place only after fiscal changes.

His staff is working on "a global solution" of administrative, fiscal and legislative changes, he said.