fiscal restraints

Fiscal restraints refer to limitations on government or organizational spending, often imposed to maintain financial stability or reduce debt. They involve managing budgets carefully, prioritizing essential expenses, and cutting back on non-essential costs when revenue is limited or economic conditions are challenging. These restraints ensure that resources are used efficiently and sustainably, preventing overspending that could lead to financial difficulties. In essence, fiscal restraints are about balancing income and expenses to maintain financial health and avoid deficits.