Financial citizenship extends citizenship to the public purse. Taxes, budgets, debt and spending are presented in forms citizens can read, and citizens have a recognised role in reviewing how public money is raised and used.
In brief
- Budgets and spending published in plain, comparable form.
- Citizens taught to read a public budget.
- Review of public spending as a civic duty, not a favour.
For discussion
Could you find out how your barangay or city spent last year’s budget, line by line?