Fiskalny

Fiskalny is an adjective used in Polish to describe matters related to public finances, including government revenue and expenditures, the budget, taxation, and fiscal policy. It is derived from the Latin fiscus, meaning the state treasury.

In economics and public administration, fiskalny denotes issues connected with how a government earns money and spends it, how it borrows, and how it plans the budget. Common phrases include polityka fiskalna (fiscal policy), deficyt fiskalny (fiscal deficit), dług fiskalny (fiscal debt), and system podatkowy (tax system). The term is also used when describing the rok fiskalny (fiscal year) and other budgetary cycles.

Fiskalny contrasts with monetary policy, which concerns the central bank and money supply. While monetary policy aims at price stability and inflation, fiscal policy uses taxation and public spending to influence aggregate demand and economic activity. In policy discussions, fiscal decisions refer to tax rates, exemptions, public investments, and welfare programs.

Usage: The term appears in government reports, economic analyses, and media coverage addressing public finance, taxation, and budgetary discipline. It is often associated with discussions of fiscal responsibility and sustainable public finances.