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What Do You mean By Fiscal Policy ?

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  1. #1
    REVATI RAWAL
    REVATI RAWAL is offline Just in!

    What Do You mean By Fiscal Policy ?

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    Hey Guys!!!!

    I just wanna Know what is the meaning of fiscal policy... i have heard this term many times and i just can't understand it's meaning.

  2. #2
    ctcalls
    ctcalls is offline Just in!
    Fiscal policy is the budgetary policy of the government relating to taxes, public expenditure, public borrowing and deficit financing. The major anti-inflationary fiscal measures include (a) increase in taxation, (b) reduction in public expenditure, (c) increase in public borrowing, and (d) control of deficit financing.


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