Budgetary policy

Government attempts to run a budget in debt or in surplus. The aim is to reduce the public debt
Public finance
Detail from the mural "Government" by Elihu Vedder in the Library of Congress
Policies
  • Agricultural
  • Economic
  • Energy
  • Industrial
  • Investment
  • Social
  • Trade
  • Fiscal
  • Monetary
  • Policy mix
Fiscal policy
  • Budget
    • policy
  • Debt
    • internal
  • Deficit / surplus
  • Finance ministry
  • Fiscal union
  • Revenue
  • Spending
  • Tax
  • Portal
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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.

References


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