单词 | fiscal gap |
释义 | fiscal gap Both parties want to plug this fiscal gap. Times, Sunday Times They still want to know how the government proposes to close a €325 million fiscal gap looming this year. Times, Sunday Times To close today's fiscal gap, he estimates, would require every federal tax immediately to be increased by 53% or every federal expenditure to be cut by 34%. Times, Sunday Times This means a desirable revenue-expenditure asymmetry but with a fiscal gap to be closed. Retrieved from Wikipedia CC BY-SA 3.0 They are generally calculated based on the magnitude of the subnational fiscal gap: essentially the difference between fiscal need and fiscal capacity. Retrieved from Wikipedia CC BY-SA 3.0 |
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