FISCAL POLICY STRATEGIES AND TARGETS AND THEIR RELATIONSHIP WITH MINISTRIES AND OTHER GOVERNMENT INSTITUTIONS

shella amalia

Abstract


Fiscal policy is an important instrument in managing a country's economy. This article discusses fiscal policy strategies and goals and their relationship to stability and other government institutions. Fiscal policy strategies include the use of government revenues and expenditures to achieve economic goals, such as sustainable economic growth, controlling inflation, and reducing the unemployment rate. Fiscal policy can be expansionary, when the government increases spending or reduces taxes to encourage economic growth, or contractionary, when the opposite action is taken to control inflation. An appropriate fiscal policy strategy must take into account current economic conditions and the country's long-term goals. Fiscal policy goals can be diverse, including creating jobs, mitigating social inequality, and improving societal welfare. The importance of allocating resources to sectors that support long-term growth and meet societal needs is at the heart of an effective fiscal policy strategy.

The relationship between fiscal policy and economic stability and other government institutions is very significant. Coordination between these various institutions is necessary to achieve policy continuity. In conclusion, fiscal policy is an important tool in managing a country's economy. Fiscal policy strategies and targets must be adjusted to current economic conditions and long-term goals. A close relationship with economic stability and other government institutions is the key to success in implementing effective fiscal policy.

Keywords: Strategies, Fiscal policy, Government.

Full Text:

PDF

Refbacks

  • There are currently no refbacks.