It was similar to the manufactured shortage of sugar anytime some people feel
pressed for cash.
It is encouraging, however, that Deputy President William Ruto has joined the conversation with the promise that the budgetary allocation will have to be reviewed, emphasising that all arms of government must be facilitated to deliver on their mandates.The government is, understandably,
pressed for cash, given the economic hardships of the past two years, manifested in declining revenue collections and a rising debt burden.
GEO Group doesn't rely on Wall Street-financed debt because it's
pressed for cash - the private-prison industry generates over more than a billion dollars in annual revenue.
Smaller operators active in tight oil have been particularly impacted by low prices, as they are usually
pressed for cash. Many companies have also attempted to endure by hedging their crude output, as well as securing new loans.
Venezuela and Iran are also hard
pressed for cash that they are not about to stop pumping oil just yet.
We are told that KMC is hard
pressed for cash and must close services because of cash shortages.
"That's because we're in a recovery phase and consumers are very
pressed for cash and spending power.
That they're so
pressed for cash that they're going to charge state employees to park in state garages while they're doing their state jobs and ask them to order double-doses of prescription pills and split them in half to save the state around $700,000 (bonus points for creativity; that's Depression-era ingenuity, like reusing tin foil or hoarding soap chips).
"Arabtec's move is a sign it is facing cash flow issues -- you do not do this in a depressed market that has low valuations and low volumes unless you are
pressed for cash," said CAPM's Yasin.
"Arabtec's move is a sign it is facing cash flow issues - you do not do this is in a depressed market that has low valuations and low volumes unless you are
pressed for cash," said CAPM's Yasin.
SMALL firms hard
pressed for cash during the recession may soon be able to turn to a local authority in North Wales for help.
In these times of economic uncertainty, there is strong pressure on people
pressed for cash to sell valuable assets, such as life insurance policies.
"We are hard
pressed for cash and we are not able to cough up the money to renew the permits," he said.
Pressed for cash, the former first lady ran noncompetitive campaigns in several Super Tuesday caucus states, allowing her rival to run up his delegate totals.