Financial problems met by schools in the onslaught of COVID 19: Implications to fiscal management of learning institutions

ABSTRACT

The covid-19 infection has reduced educational institutions' economic aspects and made it possible for the researchers to assess the financial issues associated with funding and efficiency of operations among schools in South East Asian universities. In the realm of education, economic concerns are not the central role of the holder, but actors who properly define educational achievement to conduct all training establishments and activities. The essential components are lifelong training and dedication, competency, managerial skills, and instructors in all educational facilities. The study employed descriptive qualitative and literature review to secondary sources. The primary findings were that, because of the COVID 19 issue, school finances are often challenging to manage on a macro and micro level. Consequently, schools are forced to seek the most efficient allocation of money in the COVID 19 era. This study presents implications for the Fiscal Management of Learning Institutions. © 2021 Ascociacion Internacional de Economia Aplicada. All Rights Reserved.