noun
expansionary fiscal policy; active fiscal policy
Economic term for government policy that increases spending or cuts taxes to stimulate the economy. Often contrasted with 緊縮財政 (austerity).
政府は積極財政によって景気を刺激しようとしている。
The government is trying to stimulate the economy through expansionary fiscal policy.
積極財政と金融緩和が同時に行われた。
Expansionary fiscal policy and monetary easing were implemented simultaneously.
Compound of 積極 (positive, proactive) and 財政 (public finance). The term is a direct translation of the English 'expansionary fiscal policy' and is used primarily in economic contexts.