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 disambiguation that one cannot parse meanings from words without some form of common sense ontology. This linguistic issue is called pragmatics. For example, comparing these two sentences: To properly identify senses of words one must know common sense facts. Moreover, sometimes the common sense is needed to disambiguate such words like pronouns in case of having anaphoras or cataphoras in the text. A task-independent sense inventory is not a coherent concept: each task requires its own division of word meaning into senses relevant to the task. For example, the ambiguity of 'mouse' (animal or device) is not relevant in English-French machine