austerity
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
To turn around the economy, Paz has said he would avoid painful austerity measures that could spark violent unrest in one of Latin America’s poorest nations.
The country secured a $2.9 billion bailout loan from the IMF, which has said the economy has since stabilised, but Sri Lanka must maintain its reforms, including austerity measures.
From Barron's
She told MPs her choices meant there would be no "reckless borrowing" or a return to austerity and that NHS waiting lists and government debt would continue to be cut.
From BBC
The tough austerity brought down triple-digit inflation but increased unemployment as factories closed.
Since assuming the presidency in 2023, Milei has successfully shocked the economy through austerity measures that have turned a fiscal deficit into a surplus, curbed inflation, and raised gross domestic product.
From Barron's
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.