this means that the source of revenue should be sufficient to address the demands of public expenditures.
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Fiscal Adequacy means that the sources of revenue taken as a whole should be sufficient to meet the expanding expenditures of the government.
taxation
fiscal policy OBJ. in relation to taxation policy and expenditure policy
the source of revenue should be sufficient to meet the demands of public expenditure.. ---15---
changes in government spending and taxation
changes in the composition of taxation and government spending