Fiscal transparency Fiscal transparency Fiscal transparency refers to the publication of information on how governments raise, spend, and manage public resources. More specifically, it means publication of high quality information on how governments raise taxes, borrow, spend, invest, and manage public assets and liabilities. Fiscal transparency includes public reporting on the past, present, and future state of public finances. Fiscal policies have critical impacts on economic, social and environmental outcomes in all countries at all levels of development. Fiscal transparency is sometimes used synonymously with budget transparency. However, fiscal transparency is in principle wider than budget transparency. It includes all public assets,
Word sense have the same spelling and pronunciation. Word sense In linguistics, a word sense is one of the meanings of a word (some words have multiple meanings, some words have only one meaning). For example, a dictionary may have over 50 different senses of the word "play", each of these having a different meaning based on the context of the word's usage in a sentence, as follows: In each sentence we associate a different meaning of the word "play" based on hints the rest of the sentence gives us. People and computers, as they read words, must use a process called