spending cut

• Reducción de la cantidad de dinero que un gobierno, organización o individuo planea gastar, a menudo implementada para controlar el presupuesto o disminuir la deuda.

A reduction in the amount of money that a government, organization, or individual plans to spend, often implemented to control budgets or reduce debt.

1. Reduction in expenditureB2formal

   A deliberate decrease in the amount of money spent by a government, organization, or individual.

   recorte del gasto

   • The government announced a major spending cut to reduce the national debt.
   • The company implemented spending cuts across all departments to improve profitability.
   • Spending cuts in education led to larger class sizes and fewer resources.

2. Fiscal austerity measureC1formal

   A policy action aimed at reducing public expenditure, often to control inflation or meet budget targets.

   recorte del gasto

   • The new budget includes a significant spending cut on defense programs.
   • Opposition parties criticized the spending cut for harming social services.
   • The spending cut was part of a broader austerity package.