财政危机 (cái zhèng wēi jī) — fiscal crisis; financial crisis (of a government or public sector)
Definition
'Fiscal crisis' — a government or public-sector financial crisis, distinct from a banking/currency crisis (金融危机). Idiomatic term used in news and economic writing.
idiom
fiscal crisisfinancial crisis (of a government or public sector)
Examples
- 财政危机。Zhè cì cái zhèng wēi jī dǎo zhì le hěn duō guó jiā jīng jì shuāi tuì.This fiscal crisis caused economic recession in many countries.
- 财政危机。Zhèng fǔ zhèng zài cǎi qǔ cuò shī yìng duì cái zhèng wēi jī.The government is taking measures to deal with the fiscal crisis.
- 财政危机，。cái zhèng wēi jī Bào fā hòu, gōng gòng zhī chū dà fú jiǎn shǎo.After the fiscal crisis broke out, public spending was drastically reduced.
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