Finance:Budgetary policy
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Short description: government attempts to run a budget in equity or in surplus. The aim is to reduce the public debt
Public finance |
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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, which deals with the fiscal stimulus to the economy, the repartition of taxes and the generosity of allowances.
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Original source: https://en.wikipedia.org/wiki/Budgetary policy.
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