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Budgetary policy refers to government attempts to run a budget in equity or in surplus. The aim is to reduce the public debt. It is not the same as a
fiscal policy In economics and political science, fiscal policy is the use of government revenue collection ( taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variable ...
, which deals with the fiscal stimulus to the economy, the repartition of taxes and the generosity of allowances. Government budgets {{econ-stub