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
Sense-for-sense translation that result in acculturation, where “a cultural other is domesticated, made intelligible”. Schleiermacher's distinction between "bringing the author to the reader" (domestication) and "taking the reader to the author" (foreignization), dealt with a social concern and Venuti’s distinction between domestication and foreignization deals with ethical principles. Sense-for-sense translation Sense-for-sense translation is the oldest norm for translating. It fundamentally means translating the meaning of each whole sentence before moving on to the next, and stands in normative opposition to word-for-word translation (also known as literal translation), which means translating the meaning of each lexical item in sequence. The coiner of the