1. The inability of a government or organization to manage public funds effectively, resulting in waste, misallocation of resources, or failure to achieve intended fiscal objectives
The audit revealed significant fiscal inefficiency in the municipal budget allocation.
A auditoria revelou ineficiência fiscal significativa na alocação orçamentária municipal.
2. Economic condition where tax collection, expenditure management, or revenue generation does not achieve optimal results
Fiscal inefficiency often leads to increased public debt and reduced government services.
A ineficiência fiscal frequentemente leva ao aumento da dívida pública e à redução dos serviços governamentais.