Having implemented a wide range of tax stimulus measures from 2008 to 2010, the focus of tax policy has now clearly shifted towards a much needed consolidation of public finances in Member States.
Progress was made in the consolidation of public finances in the past few years.
Medium-term fiscal consolidation in the United States;
The macroeconomic measures adopted hold out the prospect of fiscal consolidation and lower inflation.
Fiscal consolidation is also needed in the euro area and Japan.
Fiscal consolidation is also needed in the euro area and Japan.
fiscal consolidation in advanced countries that is credible and clearly communicated;
An urgent restructuring of the public finances was necessary.
fight for tax justice and improved government finance
The Stability and Growth Pact is based on the objective of sound government finances
Stocks also wants to maintain the city’s reserves and balanced budget.
On the strength of the policies described above, the government has been able to persevere along the path toward cleaning up the public finances.
The social function of the doctrine of ‘sound finance’ is to make the level of employment dependent on the state of confidence.
The social function of the doctrine of “sound finance” is to make the level of employment dependent on the “state of confidence”.
The social function of the doctrine of “sound finance” is to make level of employment dependent on the “state of confidence.
On top of that, public investment has also fallen sharply in recent years, often under the guise of much-needed consolidation of finances.
At the same time, we will aim to achieve a surplus in the primary balance in order to put public finances on a sound footing over the medium to long term.
However, further fiscal consolidation remains a priority, especially in those cases where external financing requirements remain large.
However, further fiscal consolidation remains a priority, especially in those cases where external financing requirements remain large;
The policy stimulus in countries with fiscal space strengthens external demand for those countries needing fiscal consolidations.
The fiscal objectives of the program will be achieved through fiscal consolidation, strong revenue mobilization measures, and reallocation of resources toward investment and social spending.
At the same time, Japan emphasized its intention to formulate the “Strategy to Revitalize Japan” and pursue both economic growth and financial consolidation.
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