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,
Sense-for-sense translation sense. However, arguably Jerome is here not inventing the concept of sense-for-sense translation, which most scholars believe was invented by Cicero in "De optimo genere oratorum" ("The Best Kind of Orator"), when he said that in translating from Greek to Latin "I did not think I ought to count them out to the reader like coins, but to pay them by weight, as it were." And he is certainly not even coining the term "word-for-word," but borrowing it from Cicero as well, or possibly from Horace, who warned the writer interested in retelling ancient tales in an original way "Nec