fiscal budget
[/ˈfɪs.kəl ˈbʌdʒ.ɪt/]
nounpl: fiscal budgets
orçamento fiscal
1. A government's annual plan for revenues and expenditures, detailing how public funds will be collected and spent across various departments and programs
The fiscal budget for the next year includes significant cuts to education spending.
O orçamento fiscal do próximo ano inclui cortes significativos nos gastos com educação.
2. The financial plan adopted by a government entity that outlines anticipated income (taxes, fees) and planned spending
Congress approved the federal fiscal budget after weeks of debate.
O Congresso aprovou o orçamento fiscal federal após semanas de debate.
3. In macroeconomics, the government's use of spending and taxation policies to influence economic activity
The country's fiscal budget deficit has grown due to increased social spending.
O déficit do orçamento fiscal do país cresceu devido aos aumentos nos gastos sociais.
In Brazil, the fiscal budget (orçamento fiscal) is a crucial political and economic tool discussed annually, particularly in Congress. Budget disputes often reflect broader debates about government priorities, social spending, and economic direction. In the USA, fiscal budget debates are central to political discourse, especially during election cycles.
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