Topic: Governments and their irrelevant projects just to steal public funds (Read 591 times)

The development of government projects that are not on target is of course because people from the government want the project to be implemented and they can get payment from those who work on the project. When an agreement has been reached from both parties, the project is started without analyzing the long-term benefits. long term and most of these projects cannot be completed properly, of course this is very detrimental to the country because they only think about their own group, not the benefits of the people at large.

I do agree that every nation has its own problems that could be similar to this, so many people do think that it should be local, but considering how many of us all have the same problem, it is not really about a single government. You can broaden the situation so much that it is basically every single nation.

Rich people live such a rich life that they are not even paying taxes that they should be paying and in return they get even richer, while the government is corrupt so they are taking way more taxes than they should and half of that money or more is gone towards the pockets of the politicians, so that means if rich are not paying for it, the people of the nation end up paying for all of this and gets even poorer every single year. This isn't one nation, this is the whole world.

This is called still with tricks, this behaviour are prevalent in corrupt countries, before the government of any nation will decide to reprint or rebrand a countries currency many things will be considered and would have been consultation, government don't just and the central bank of any country do not act just like that there should be many things that should be done, a project or idea that does not have economic important should not see the light of the day in civilized and transparent world, I have always said it that most African nations are not ripped to be independent because of the way they think, there are many pressing needs of the people why embarking on meaningless projects that will involve unnecessary expenses for your selfish reasons.

Op this is intentionally done by our so called leaders with the help of the central bank Governor to embezzle funds and lunder it through the printing process, many project has passed through the necessary process in the parliament severally and the funds approved too but execution has always been they problem, we really need miracle to get things right in many African nations 

New notes are designed based on public demand.  Again, the government or the bank can change the design of the currency for any reason.  Sometimes changes are made in the design of coins to enhance the quality of old coins.  In order to prevent counterfeit currency.  But reading your topic it is clear that the government wants to implement a big project to manage the design of the currency.  The above reasons may be for the benefit of the people.  But it is different in case of corrupt government.  The corrupt government is not talking about various schemes and taxing the people and stealing their money.

Basically, development is important, but what needs to be paid attention to is the long-term benefits because usually the projects that are built are often not on target. The government has a clear map for making breakthrough steps, but they ignore accuracy so that whatever projects are built do not meet the needs required. Corruption is increasingly rampant and the government only thinks about its group compared to the wider community, these are the characteristics of a country that does not have leaders who are sensitive to the people below.

Corruption is quite a detrimental act, but the government is often caught up in this problem. The public does not have access to make reports and instead corruption is discovered because of reports from opponents of the government in power. Not everyone who works in government likes corruption, but most of them are trapped in this problem for various reasons.

When the government of a certain country understands that her citizens are hoarding alot of her currency, making little to be in circulation. They might want to redesign their currency, such that everyone hoarding the currency will release.

Some people come here without knowing how wide here is. They might think it is just one of the many groups in their country. They will begin to drop undertail issues happening in their country.

Well, it's common in most developing countries and that's why it's no longer a secret thing that whether there's project or none, there's always the commission behind that project and thats' what kick back is called.

That's another one, getting contractors for the infra projects and pay them cheaper and the contractors will use sub standard materials whilst the budget, the actual one for funding remains the same. But since the contract is lessened, the excess budget will go to you know.

It seems that activities like this have become a normal thing in every government, they use funds that can increase in value but the quality of the goods is not of the quality they originally planned. Many governments really like corruption, as long as they have the opportunity to do it and it is not known to many people, it will continue to be carried out. As long as the people can gather all the available evidence, officials who are proven to have committed corruption will be dealt with clearly. Because basically corruption is an act that is very detrimental to the country.

It is very obvious and understanding that politicians has hijacked the Joy and the development of citizens so I believe we have to understand that politicians based on their own selfish interest and they have different strategies to still a public funds based on there are the one in charge of that particular office so if we look at the faces of politicians today or depend on them I don't think that will be able to make out something good for ourselves, that is we need hustle and not depend on government, when you are self employed you can not be reasoning of government and its facilities

And the gap will continue to increase because even the poor do not want to help themselves. and the rich are always manipulating situations to get richer and give themselves deals the corruption of the world is based on the benefits of some individuals and they are intertwined in working with the government, if not, they will find it very difficult to do what most of them are doing, and things like this won't stop now and it is left for the middle class and the poor to look for ways of surviving, In countries like ours, you will see a lot of abandoned projects. It is as if every government has its own plan.


if you look at the extent to which politicians are just too smart to steal money, you will know that politicians are people you are supposed to be scared of because  there are projects that are not even in progress and they have collected money and spent it, and since it is a fair share, nobody is holding anybody responsible for anything, and that is why such acts is even continuing. Politics is one of the most corrupt games I have ever seen. They don't give a damn about anything they want, whether it is money or how they will spend it, and even if the poor are not trying, there are privileges they can also enjoy, starting with providing jobs and opportunities, but they don't see other people as a priority, which is why the number of unemployed people is increasing, That is what they want.

Agree into this one and i would be pin pointing on where they are making some huge money..

1. Destroying fine road and reconstructing it
2. Unnecessary travel funds without clear purpose
3. Lottery easy winners
4. Departmental budget overprice on units and other supplies
and many more...

I think we are living on the same country. Which country you are from?
It is really indeed true that it is really just that truly sad that taxes aren't that able to be put up on the right way.

Infrastructure development is quite crucial in efforts to improve and accelerate the economy of a country and its people. However, if this development is not monitored properly, there will always be individuals who try to take advantage of this opportunity to obtain maximum profits from the projects planned and implemented. and apart from having a supervisory body, we as a society also have the same obligation and role to always monitor so that development carried out by the government runs well.

And corruption has always been a frightening specter for government agencies, because apart from being detrimental to state finances, their presence can also hamper a country's economic growth. Because if a country finds that there are many cases of corruption committed by government officials, this will be a special consideration for foreign investors who want to invest in that country, because clearly the presence of corruptors is a loss for investors.

Very rampant here in our country on which it is one or included into those most corrupt countries on which its not really that shocking anymore that these government officials or to those who are in position
would really be using up their power to take advantage to get that huge chunks specially on peoples taxes on which making out some projects which ended up on sub-standard because of trying out to slice up some part of the budget on which it causes up for those development to be ended up on be in poor quality or built. Its not something new anymore but is there something that we can do? There's none.

No one would really be able to stop them not unless if the administration would really be completely changed up with something leader which isnt that corrupt and trying out to handle up well everything into
his vicinity. It is really just that sad to think that tax payers are the ones or simply the people or citizens cant really be able to benefit out on those taxes that they had been able to pay up.
Well thats how reality works and there's nothing we can do about it.

The government officials from those countries are taking advantage of the fake projects for infrastructures or any type of project that they can have their kickback.
It's sad that it became a norm and the people can't do shit against these corrupted government officials as they've been put into there through votes but I think there's still the bigger power from the people that they can get kicked if they do it altogether.

In the case of the Philippines, historical revisionism and the fast-dropping value of the currency that they have.

In the Philippines, there is a certain political cabal that the current administration is highly against, given the fact that this cabal was responsible for them getting ousted of power in the past and the current president's father getting kicked out of the Philippines. The son is now doing everything in his power to revise history to make it seem as though his father was the hero all along, even though their family literally embezzled billions of dollars of taxpayer's money, killed dissidents who dared to call them out on their bullshit, and silenced the media to make sure they don't look bad on it. That includes changing the appearances of the bills, with an attempt to change the 500-Peso bill's appearance which initially boasts the very mug of the power couple that kicked them out of their tyrannical seat of power.

Oh, and yeah, the Philippine Peso is quickly losing its value, wherein the exchange rate was around 46 pesos per dollar back in 2016, to a whopping 56.80 pesos now, the hypothesis of many local economist is that the government and the central bank do this to give the people the false sense of value, as newer currency appearances and denominations make it feel like the people aren't really losing anything of the sort.

There's so may like this in our country which is considered a third world country, the ombudsman and the auditor of our country can be bribed which is why  there are unfinished and sub standard works like the national road and highways and there are a lot of white elephant projects, these are the corrupt official cash cow.
One of the biggest corruption by our government official is selling our rice buffer stock intended for calamities at a   much lower price.

Corruption and money laundering is very rampant in a third world system because the officials can be bribe, officials enrich themselves and use their position to make money.

This is the reason why on a third world country there are so many poor people and the gap between poor and the rich is very wide, the projects intended for projects for infrastructure are pocketed by corrupt officials.

Unfortunately, this is not a new thing in my country. I'm living on a third world country which is even listed on the top corrupted countries of the world; a title no one will be prouf of, no doubt. It is  major and long existing problem to be honest. A new leader won't aid it in a single term, and it will also be needing consistency not only for the official but also to the citizens of a country. For sure this is evident to many countries and I just wish I will live enough to see betterment in my country's economic situation.
Indeed, some of the projects are really helping its people. It is just the fact that officials are putting higher price to the actual project cost to bag on their own. Not all officials are corrupt and that is absolutely correct. And when it comes to project approval, it is also true that before it got signed, there will be needing different sector's support. We have ways actually, but if not all people would vote the rightful politicians then things won't change to be honest and that's the sad reality of some country's governments. Situations are that bad that corruption is being normalized and accepted by people as a non-stop problem to all countries.

What you said is a fact. It’s rare to see government officials who are giving public service genuinely without hidden personal desires. Majority are still focused not on the outcome of the projects, but on the amount of commission they will gained after building the projects. Sadly, some people are still blind about this, or they really are aware but they can’t do nothing to stop this corrupt officials from stealing the public funds. Except for those few who really are true to their services.

Digital is better because there is no hassle on keeping it but they can get tracked with it. For this, decentralized and anonymous currencies like cryptos can win here. Maybe he is only living in a cave for him to be surprised on these shady doings or it's just that he is lucky to live in a place where there are no such things like this (corruption). That's nice then and many wishes that they can also experience a life like that.

Moving on, state parties can cheat, this is why there are so-called "elections" for the people choose if which parties they think are honest. They only need to resist the temptation of being bribed, if they are that type of person.

First of all I don't agree with you that the project is neither boosting the economy nor the currency value. These projects are approved in plenty of stages and we can't assume that everyone involved in our government is corrupt.

Secondly if it's the case then your should look at the law of your country and try to get the point how you can raise voice against it in a lawful manner. It's very important to obey the rules and regulations of any country because everyone will do what he/she thinks is right then it'll lead to catastrophic damage.