This article does not cite any sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Budgetary policy" – news · newspapers · books · scholar · JSTOR (May 2019) (Learn how and when to remove this message) |
Public finance |
---|
Policies |
Fiscal policy |
Monetary policy |
Trade policy |
Optimum |
Reform |
Budgetary policy refers to government attempts to run a budget in equity or in surplus. The aim is to reduce the public debt.
It is not the same as a fiscal policy, which deals with the fiscal stimulus to the economy, the repartition of taxes and the generosity of allowances. It is the policy which governments adopt while formulating budget. It helps in shaping the form or structure of budget. Macroeconomics dictates that both fiscal and budgetary policy are utilized together to achieve economic stability.
References
This economics-related article is a stub. You can help Misplaced Pages by expanding it. |