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Not being trained in this field I would venture the following from some experience: Firstly, both are about resources of the money kind. Fiscal policy could be confined to a financial year (or policy for a 12 month period) or policies applied to financial years. Whislt Financial policy could be generic for any policy involving money

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16y ago
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14y ago

One easy way to remember it is that "monetary" deals with "money". In America, this is the Federal Reserve system and how they set interest rates, print money, etc etc. Fiscal policy is the actual spending and collection of taxes by Congress.

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14y ago

Fiscal policy: changes the level of government spending or taxation.

Financial policy: changes the level of investment or saving.

Monetary policy: changes the level of money supply or interest rates.

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Q: What is the difference between fiscal policy and financial policy?
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