The government leaders decide the problems that should be adressed through fiscal policy.
Fiscal policy affects the economy through government interference by adjusting spending and revenue levels. The government's legislative and executive powers control fiscal policy. Legislative power allows laws for any fiscal policy process and in executive power, the two most powerful offices are the Secretary of the Treasury and the President. It also talks about economic strategy (it uses the powers of taxation and government spending to impact the economy).
It is important to know whether an economy can self-regulate or whether it needs external influence. That is why fiscal policy plays a crucial role in promoting stability and economic development of the country.
