Budgetary policy
Encyclopedia
Budgetary policy refers to government attempts to run a budget in equilibrium or in surplus. The aim is to reduce the public debt.
It is not the same as a fiscal policy
, which deals with the fiscal stimulus to the economy, the repartition of taxes and the generosity of allowances.
It is not the same as a fiscal policy
Fiscal policy
In economics and political science, fiscal policy is the use of government expenditure and revenue collection to influence the economy....
, which deals with the fiscal stimulus to the economy, the repartition of taxes and the generosity of allowances.