tasaloudelliset

The term "tasaloudelliset" is a Finnish word that translates to "economically balanced" or "fiscal balance" in English. It refers to a state where government revenues match or exceed government expenditures over a specific period, typically a fiscal year. Achieving fiscal balance is a key objective for many governments aiming for sound economic management and long-term financial stability.

When a government achieves tasaloudelliset, it means it is not spending more than it earns through taxes and other revenue streams. This can be accomplished through various means, including increasing tax revenue, reducing government spending, or a combination of both. A balanced budget avoids the need for the government to borrow money, which can lead to increased national debt.

Conversely, when expenditures exceed revenues, the government runs a budget deficit. Persistent deficits can lead to a growing national debt, which may require higher taxes or reduced services in the future to manage. The pursuit of tasaloudelliset is often linked to principles of fiscal responsibility and sustainability. Debates about economic policy frequently revolve around how best to achieve and maintain this state of balance. It is a concept closely watched by economists, policymakers, and international financial institutions.