fiscal policy

Cultural

The policy of a government in controlling its own expenditures and taxation, which together make up the budget.

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A function of fiscal policy, along with monetary policy, is to regulate the level of economic activity, the price level, and the balance of payments. Fiscal policy also determines the distribution of resources between the public sector and the private sector and influences the distribution of wealth.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Beijing’s unwillingness to load the fiscal policy gun has been a source of frustration for many analysts who want bigger stimulus to pivot the economy to consumption-led growth.

From The Wall Street Journal

Among the CFO’s duties would be preparing the city budget, advising the mayor on fiscal policy and producing revenue forecasts — duties currently under the CAO.

From Los Angeles Times

Sixty years later, “Taxman” remains one of the rare pop songs about fiscal policy—and the catalog behind it is proof that intellectual property, once organized, can outlast its creators and compound for generations.

From The Wall Street Journal

To ease such concerns, Takaichi on Wednesday repeated her mantra of having a "responsible, proactive" fiscal policy and promised to reduce debt.

From Barron's

But a landslide victory in snap elections this month gives the Japanese prime minister a powerful mandate for what she describes as a “responsible, proactive fiscal policy” to remake the economy.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023