縮しゅく減げん

noun, noun or participle which takes 'suru', transitive verb

reduction; cutback; contraction

Formal term for deliberate reduction of scale, budget, personnel, or scope. Often used in business, government, and news contexts.

• 政せい府ふは来らい年ねん度どの予よ算さんを縮しゅく減げんする方ほう針しんだ。

  The government plans to reduce the budget for next fiscal year.