B2adjectiveformalmoneypolitics
US/ˈfɪs.kəl/
UK/ˈfɪs.kəl/
connected with government money, especially taxes and public spending
In context
The government announced new fiscal measures to support struggling exporters.
In Vietnam the fiscal year matches the calendar year, but in Japan it starts in April.
Cutting taxes while raising spending can lead to serious fiscal problems.
Words that go with fiscal
adjective + noun
- fiscal policygovernment decisions about taxes and public spendingThe minister announced a new fiscal policy to reduce public debt.
- fiscal yearthe twelve-month period used for a company's accountsOur fiscal year ends in March, not December.
- fiscal deficitwhen a government spends more than it receivesThe fiscal deficit grew as spending on health care increased.
- fiscal stimulusextra government spending to help the economy growA large fiscal stimulus helped the country recover from the crisis.
- fiscal disciplinecareful control of government spendingInvestors want fiscal discipline before they lend more money.