The ideology behind the government move that can stimulate a slow growth economy by increasing public spending or cutting taxes is called Fiscal Policy.
A nation's central bank is primarily responsible for overseeing monetary policy also knows as Fiscal policy. For example Federal Bank in US, Central Bank of England in UK & Reserve Bank of India in India are responsible for drafting & implementing monetary policy respectively.
Money, currency, and interest rates are the main subjects of monetary fiscal policy.
On the other hand, the government deals with revenue and spending by the Center under the fiscal policy.
Therefore cutting taxes & increasing public spending are major quadrants of fiscal policy in an economy.
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