Fiscal policies have a significant influence on the economy, affecting various sectors and individuals. When governments adjust tax rates, government spending, or borrowing levels, it can stimulate or slow down economic growth. Lower taxes encourage consumer spending, bolstering businesses. Conversely, higher taxes can reduce consumer purchasing power, potentially slowing down the economy. Government spending, particularly on infrastructure and social programs, can stimulate economic activity, creating jobs and boosting demand. However, excessive borrowing can lead to a debt burden, affecting future generations. Hence, striking the right balance in fiscal policy implementation is crucial to ensure sustainable economic growth and stability.