0 the quality of being strict -- rigor, severidad; tirantez
the stringency of the new laws.
1 scarcity of money for lending etc -- estrechez
(also adjective) The government are demanding stringency measures.
in times of stringency
Especially in these times of economic stringency, we want a tougher attitude towards spending in general: not more spending, but better spending.
Thus, we recommend greater stringency when the economic climate is good.
Unemployment may give an impetus to fiscal relaxation, and excessive budgetary stringency may, of course, create unnecessary and intolerable levels of unemployment.
Currently, the requirements applied for the export of dual-use items and technology vary in stringency.