When COVID-19 hit the Philippines, our government started borrowing huge amounts of money from various international and domestic banks. According to the Treasury Department, the national debt will reach as much as 13 trillion pesos after the end of the Duterte administration.
But the Commission on Audit (COA) has uncovered deficiencies in the government’s use of these funds. The agencies mentioned included the Ministry of Health, the Overseas Workers Welfare Administration (hygiene napkins bought from a construction company?) About 3.5 million P!).
The COA reports provide concrete evidence that public funds have been mishandled and stolen from their supposed beneficiaries. It is heartbreaking to know that our government officials were also the ones who made our current situation worse. The majority of us suffer from severe poverty from lockdowns and job losses, but people in government are shamelessly amassing public funds.
These COA reports tell us that our enemy is not only the virus, but corrupt politicians as well. It is our hard earned money that these daring crocodiles hoard for themselves while we taxpayers are the ones who have to pay the national debt.
MARLON P. LABASTIDA
Subscribe to something INQUIRY PLUS to get access to The Philippine Daily Inquirer and other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4 a.m. and share articles on social media. Call 896 6000