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Fiscal pressure refers to the strain on a government's budget due to rising expenditures or declining revenues, often resulting from economic downturns, increased social spending, or debt obligations. This pressure can lead to difficult choices about taxation, spending cuts, or borrowing. It can also impact a government's ability to finance public services and maintain fiscal stability. Ultimately, sustained fiscal pressure may necessitate policy reforms or adjustments to ensure long-term fiscal health.

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AnswerBot

3mo ago

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