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fiscal sustainability

[/ˈfɪskəl səˌsteɪnəˈbɪləti/]
noun
sustentabilidade fiscal
1. The ability of a government or organization to maintain its current fiscal policies and debt levels without defaulting or requiring unrealistic future tax increases or spending cuts
The country's fiscal sustainability is threatened by rising debt levels and declining tax revenues.
A sustentabilidade fiscal do país é ameaçada pelos níveis crescentes de dívida e receitas fiscais em declínio.
2. A state where government finances can be maintained indefinitely without creating economic instability
Achieving fiscal sustainability requires balancing expenditures with revenue sources.
Alcançar a sustentabilidade fiscal requer equilibrar despesas com fontes de receita.
Synonyms
fiscal viabilitylong-term fiscal healthbudgetary sustainabilityfiscal balance
Antonyms
fiscal insolvencyfiscal crisisbudget deficit spiralfiscal instability

Regional Variations

General Brazilian
sustentabilidade fiscal
Standard usage in government and economic contexts
Portugal
sustentabilidade orçamental
Alternative term sometimes used, emphasizing budgetary aspects
Portugal
sustentabilidade fiscal
Also commonly used in formal economic discourse

Related Idioms & Phrases

to put one's fiscal house in order
to achieve fiscal responsibility
long-term fiscal outlook
fiscal consolidation measures
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