fiscal policy

Cultural  

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

---

Discover More

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

The decision came against an increasingly volatile backdrop: The rupiah has fallen to a record low, geopolitical tensions have intensified and markets have grown more concerned about the direction of Indonesia’s monetary and fiscal policy.

From The Wall Street Journal

As they gather for the first meeting of 2026, BOJ officials face growing uncertainty over the government’s fiscal policy that has unnerved markets.

From The Wall Street Journal

While Beijing has announced some supportive monetary and fiscal policies in recent weeks, economists say these are far from enough to stabilize growth.

From The Wall Street Journal

Chinese leaders have pledged "proactive" fiscal policies this year as they look to increase domestic spending and shift reliance away from exports and investments.

From BBC

Analysts suggest that high approval ratings for Prime Minister Sanae Takaichi point to a victory for the ruling Liberal Democratic Party, which would grant her a mandate to implement more aggressive economic and fiscal policies.

From The Wall Street Journal