Fiscal policy of the Philippines Fiscal policy of the Philippines Fiscal policy refers to the "measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government expenditures. Fiscal measures are frequently used in tandem with monetary policy to achieve certain goals." In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits, though there have been improvements in the last few years. The Philippine government’s main source of revenue are taxes, with some non-tax revenue also being collected. To finance fiscal deficit and debt, the Philippines relies on both domestic and external
Word sense Examples are the variation in senses of the term "wood wool" and in those of the word "bean". This pattern entails that natural language can often lack explicitness about hyponymy and hypernymy. Much more than programming languages do, it relies on context instead of explicitness; meaning is implicit within a context. Common examples are as follows: Usage labels of ""sensu"" plus a qualifier, such as ""sensu stricto"" ("in the strict sense") or ""sensu lato"" ("in the broad sense") are sometimes used to clarify what is meant by a text. Polysemy differs from homonymy, where two different words (lexemes) happen to