fiscal policy
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fiscal policy
All government measures that control a state's revenue, such as taxes and fees, and spending, such as on infrastructure and social services. It is a central part of economic policy and influences the entire national economy.
Die neue Regierung kündigte eine Reform der Finanzpolitik an, um die Staatsverschuldung zu senken.
The new government announced a reform of fiscal policy in order to reduce national debt.
The word is made up of 'Finanz-' (from 'die Finanzen' — finances) and 'Politik' (policy/politics). So it literally describes the policy that deals with a state's finances.
Die Finanzpolitik ist ein wichtiges Thema im Wahlkampf.
Fiscal policy is an important topic in the election campaign.
Common adjectives are 'expansive' (expansionary), 'restriktive' (restrictive), or 'solide Finanzpolitik' (sound fiscal policy). Typical verbs are 'eine Finanzpolitik betreiben' (to pursue a fiscal policy), 'gestalten' (to shape), or 'verfolgen' (to pursue).
Die Zentralbank verfolgt eine restriktive Finanzpolitik, um die Inflation zu bekämpfen.
The central bank is pursuing a restrictive fiscal policy in order to fight inflation.
This word belongs to the technical language of politics and economics. It is found mainly in the news, specialist articles, and political discussions.
In den Nachrichten wurde über die Finanzpolitik der Regierung berichtet.
The news reported on the government's fiscal policy.
economic policy
Wirtschaftspolitik is the overarching area covering all government measures for shaping the economy. Finanzpolitik specifically refers to managing government revenue and expenditure within this area. Use Wirtschaftspolitik for general economic goals and Finanzpolitik for taxes or public spending.
Mit ihrer Finanzpolitik entscheidet die Regierung über höhere Steuern und zusätzliche Ausgaben für Schulen.
Through its fiscal policy, the government decides to raise taxes and provide additional funding for schools.
Die Wirtschaftspolitik der Regierung soll die Wirtschaft des Landes insgesamt stärken.
The government's economic policy is intended to strengthen the country's economy as a whole.
