DBM approves release of P5B for BARMM dev't plan
Department of Budget and Management (DBM) Secretary Mina F. Pangandaman approved the release of a Notice of Cash Allotment (NCA) amounting to P5 billion for the rebuilding, rehabilitation, and development of conflict-affected communities in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
The allocation—covering the Special Development Fund under the National Government’s provisions to Republic Act (RA) 11054 or Organic Law for BARMM—will be released annually for 10 years, from the ratification of the Organic Law for BARMM, or a grand total of P50 billion.
“Sa
pamamagitan ng pondong ito, umaasa po tayo na magtutuluy-tuloy ang pag-unlad ng
BARMM. Hinding-hindi po bibitawan ng administrasyon ni Pangulong Ferdinand R.
Marcos, Jr., ang pag-agapay sa BARMM, Lalo na sa transition process nito,”
Sec. Pangandaman stressed.
The release of the fund under FY 2023
was approved following BARMM Chief Minister Ahod B. Ebrahim’s submission of the
cash program containing the cash requirements and schedule for the
programs/projects/activities (PPAs) to be funded under the Special Development
Fund in the FY 2023 General Appropriations Act, RA No. 11936.
Budget secretary earlier reaffirmed the
government’s unwavering support of the peace and advancement efforts in the
BARMM by proposing a financial aid of P80.6 billion for FY 2024.
The proposed budget incorporated the BARMM’s Annual Block Grant of P70.5 billion; the Special Development Fund (SDF) of P5 billion; and the BARMM’s shares in national taxes, fees, and charges of P5.1 billion, pursuant to RA 11054.
“The Agenda for Prosperity of the government aims for a promising future for the country where no Filipino is left behind. And by all, we mean all Filipinos, including Muslim Filipinos,” Pangandaman added. (DBM/PIA-Caraga)
