fiscal capability
[/ˈfɪskəl kəˈpæbɪləti/]
nounpl: fiscal capabilities
capacidade fiscal
1. The ability of a government or organization to generate, manage, and allocate financial resources effectively to meet its obligations and fund public services
The municipality's fiscal capability was severely limited after the economic downturn.
A capacidade fiscal do município foi severamente limitada após a recessão econômica.
2. The capacity of a jurisdiction to raise revenue through taxation and other means to sustain its operations
Developing nations often struggle with fiscal capability due to weak tax systems.
Nações em desenvolvimento frequentemente lutam com a capacidade fiscal devido a sistemas tributários fracos.
3. The financial strength and resources available to a government to implement policies and programs
The state's fiscal capability improved with increased investment in infrastructure.
A capacidade fiscal do estado melhorou com o aumento do investimento em infraestrutura.
This term is primarily used in formal government, economic, and policy discussions in both the United States and Brazil. In Brazil, it is particularly relevant in discussions about municipal autonomy and the distribution of federal revenues to states and cities. The concept is central to debates about decentralization and fiscal federalism in Latin America.
Related Idioms & Phrases
to strengthen fiscal capability
to test fiscal capability
within fiscal capability
fiscal capability constraints
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