1 Subjects: “...Flat tax...”

2 Subjects: “...Flat tax...”

3 “...But for the budget to remain flat, the Fund will need to continuously reprioritize and adjust its...”

4 “... and ongoing strategic priorities of the Fund within a flat envelope, efforts to reallocate resources away from...”

5 “... small increase in spending within a largely flat budget envelope. Reallocations from lower priority...”

6 “... and the Financing Assurances Review is presented. Economic activity is estimated to have been flat in 2011...”

7 “... effect of flat amount cost of living adjustments...”

8 “... substantially in recent years. Real GDP declined by 7 percent in 2002 and was flat in 2003. Structural reforms...”

9 “... significantly affected by the July–August conflict with Israel. Real GDP is estimated to have been flat...”

10 “...Economic activity in the Czech Republic is expected to remain flat in 2012 and gradually gain...”

11 “...Operating within a flat real budget envelope, the Fund delivered on the priorities and initiatives...”