緊きん縮しゅく財ざい政せい政せい策さく

noun

austerity measure; fiscal austerity

Economic policy term referring to government measures to reduce budget deficits through spending cuts or tax increases.

See also: 緊縮政策

• 政せい府ふは緊きん縮しゅく財ざい政せい政せい策さくを実じっ施しし、公こう共きょう支し出しゅつを大おお幅はばに削さく減げんした。

  The government implemented fiscal austerity measures and significantly cut public spending.