discretionary fiscal policy

What is discretionary fiscal policy?

discretionary fiscal policy definition and meaning on Finance terms:
Changes in the budget balance caused by government policy measures rather than by the automatic reaction of government revenue and expenditure to economic fluctuations. See also
automatic fiscal stabilisers
fiscal policy stance (fiscal stance)<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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