"Fiscal tightening" refers to the act of reducing government spending or increasing taxes in order to reduce budget deficits or control government debt. It is a policy measure used to bring a country's finances in order by cutting back on expenses or generating more revenue through taxation.
Full definition
Synonyms for individual words can be found below.
«fiscal»
«tightening»
Sentences with «fiscal tightening»
- The end of fiscal tightening appears to be a key factor in this recovery. (newyorkfed.org)
- Drastic fiscal tightening in a string of interlinked countries does two to three times more damage than assumed, especially if there is no offsetting monetary stimulus. (news-to-use.com)
- It would be «suicidal» for Spain to accept a rescue if it involved more fiscal tightening, he said. (news-to-use.com)
- (see all
sentences)