Requirement for Finance for Everyone: OPINIONATED Online Portfolio (Week 1) thread #F4E
In the first week of Finance for Everyone: Decisions, I've observed the parallelism between shareholders and stakeholders to the Philippine Government and Filipino tax payers. The motivation/underlying goal of the Philippine Government in acquiring loans is a response to the
#F4E
Covid-19 pandemic. Despite such, the actions and inactions of the government have not been able to flatten the curve of the total number of Covid-19 cases. Therefore, the financial decision of the government to continue to acquire loans might not be ethical to Filipino tax
#F4E
payers because of the inefficient and ineffective allocation of the acquired money in response to the pandemic. Furthermore, the financial decisions of the current government lack social responsibility to current and future Filipino tax payers as well as the future
#F4E
administration, because the afformentioned entities must continue to pay-off the debt, which may possibly not reap its intended goal to respond to the pandemic. Therefore, the financial decision of the government to acquire more loans may be questioned for its integrity to
#F4E
serve the Filipino people amidst the 2020 Covid-19 pandemic.
#F4E

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