also: フィスカル・ポリシー
fiscal policy
Economic term for government policy using public spending, taxation, and budgeting to influence the economy. The native equivalent 財政政策 is often more transparent in ordinary Japanese.
In class, we learned the difference between fiscal policy and monetary policy.
The government announced an expansionary fiscal policy to respond to the recession.
The government implemented a fiscal policy as a countermeasure against the recession.
Countries are adopting an aggressive fiscal policy stance.