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The majority of government funding in the Philippines comes from taxes. These taxes are national and local and include income, percentage, inheritance, value added, miscellaneous, and more. The government is also trying to borrow money from other places to develop the country further.
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What are the major sources of Philippines government revenues and how much in 2011?
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What are the 2 main sources of government revenue?
sources of government revenues
What is intergovernmental revenue?
Funds that one level of government receives from another level of government.
Who is the major supplier of funds for investment for the whole economy?
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How does a government budget surplus or deficit impact the loanable funds market?
A government budget surplus increases the supply of loanable funds in the market, leading to lower interest rates. Conversely, a deficit decreases the supply of loanable funds, causing interest rates to rise.
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