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The purpose of the Treasury
The Treasury maintains control of public spending, direct economic policy and works to achieve sustainable economic growth via fiscal policy.
Fiscal policy is concerned with maintaining economic stability and stimulating economic growth. It also seeks to manage the deficit.
Fiscal policy is about how the government influence the economy by spending and taxation policy. The government can help to stimulate consumer spending by cutting taxes and allowing for households to have more disposable income. Fiscal policy largely consists of the spending announced as part of the government budget.
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