budgetary flexibility

USAGE SUMMARY

The phrase "budgetary flexibility" is correct and usable in written English.
It can be used when discussing the ability to adjust financial plans or allocations in response to changing circumstances or needs. Example: "The organization demonstrated budgetary flexibility by reallocating funds to address unexpected expenses."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

Mr. Monti has repeatedly told Ms. Merkel that Italy needs budgetary flexibility to fight recession.

The New York Times

These damaging cuts could have been less severe if the European Union had heeded Mr. Rajoy's plea for greater short-term budgetary flexibility.

The New York Times

It weakens investor confidence in the debt, heightens the risk of a financial crisis and reduces the government's budgetary flexibility to address future, unexpected shocks.

The New York Times

Already in the run-up to the summit, its members voiced legitimate concerns, for instance on the need for new sources of revenue or for forms of budgetary flexibility.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

In the specific case of externally-funded research, this will lead them to requesting insufficient financial resources from the funding agency.> Non-commercial sponsors often face budgetary problems because of the poor flexibility of the external funding [ 21, 22].

BMC International Health and Human Rights

In a sign of flexibility, Mr. Rehn said deadlines for meeting budgetary targets could be extended in the cases of France and Spain, assuming their governments could demonstrate progress in adopting fiscal reforms despite the unexpectedly tough economic environment.

The New York Times

"This program will happen over time in a gradual way, and there will be flexibility in the event of a recession or budgetary downfall".

Vice

"Everybody has to understand that flexibility cannot be used as an excuse to avoid budgetary consolidation," said Thomas Mayer, the chief European economist at Deutsche Bank in London.

The New York Times

UPDATE: Here's S&P's reasoning: The dissolution of Malta's parliament on January 7 , 2013 will prevent a 2013 budget from being adopted until after the elections set for March 9, thus raising questions about the government's ability to restore the fiscal flexibility it has gradually lost, and resolving the recurrent budgetary risks caused by loss-making state-owned enterprises.

The Guardian - Business

To heal the political rift in Europe and bolster EU legitimacy by helping stimulate growth in the south, Germany should accommodate Prime Minster Renzi's calls for more flexibility in interpreting the Maastricht criteria of the 3percentt budgetary deficit by not counting borrowing for job-creating investment in infrastructure.

Huffington Post

In addition, although budgetary guidelines, issued by the National AIDS Control Programme, have the potential to restrict flexibility [ 32], it is believed that there is sufficient variation in costs to warrant the econometric approach.

Cost Effectiveness and Resource Allocation

Expert writing Tips

Best practice

When advocating for "budgetary flexibility", clearly define the specific areas where adjustments are needed and the potential benefits of those adjustments.

Common error

Avoid simply stating that "budgetary flexibility" is needed. Provide concrete examples of how greater flexibility will lead to improved outcomes or mitigate potential risks. For example, specify how it enables better responses to unforeseen circumstances or supports innovative projects.

Linguistic Context

The phrase "budgetary flexibility" functions as a noun phrase, where 'budgetary' modifies 'flexibility'. Ludwig shows it is used to describe the ability to make adjustments to financial plans, often in response to unforeseen circumstances or changing priorities.

Expression frequency: Rare

Frequent in

News & Media

50%

Science

25%

Formal & Business

0%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "budgetary flexibility" refers to the ability to adapt financial plans and allocations. As Ludwig AI confirms, the phrase is grammatically correct and usable. Although relatively rare, appearing mostly in news and media contexts, its meaning is generally well-understood. When using this phrase, ensure you provide specific examples to support your argument for the need for flexibility. Related terms include "financial adaptability" and "fiscal discretion". Remember to avoid vague statements and provide concrete justifications for the proposed adjustments. In most cases the user will benefit from avoiding the overstating the need for flexibility without justification.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Financial adaptability

Emphasizes the ability to adjust to different financial conditions.

Fiscal discretion

Focuses on the freedom to make decisions about spending.

Financial leeway

Emphasizes having sufficient room to maneuver financially.

Spending autonomy

Highlights the independent control over expenditures.

Fiscal maneuverability

Focuses on the ability to maneuver within financial constraints.

Resource maneuverability

Stresses the ability to shift resources effectively.

Allocative efficiency

Highlights using resources for what is most effective.

Adaptive budgeting

Refers to adjusting budget based on results.

Adjustable funding

Highlights the capability of modifying fund allocation.

Expenditure pliability

Refers to the ability to modify how money is spent.

FAQs

How can "budgetary flexibility" help an organization?

"Budgetary flexibility" allows organizations to adapt to changing circumstances, such as unexpected expenses or new opportunities. This can lead to more efficient resource allocation and better overall performance.

What are some alternatives to "budgetary flexibility"?

You can use alternatives like "financial adaptability", "fiscal discretion", or "spending autonomy" depending on the context.

Why is "budgetary flexibility" important for governments?

For governments, "budgetary flexibility" enables them to respond effectively to economic downturns, natural disasters, and other unforeseen events. It allows for adjustments to spending priorities and can help stabilize the economy.

How does a lack of "budgetary flexibility" affect project management?

A lack of "budgetary flexibility" can hinder project management by preventing adjustments to address unexpected costs or delays. This can lead to projects being incomplete or exceeding their initial budgets.