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BARMM discloses breakdown of Php1.9-billion allocated funds

March 14, 2021 Uncategorized

MARAWI CITY, May 8 — As part of the transparency advocacy of the Bangsamoro Government, the Ministry of Finance, and Budget and Management (MFBM) disclosed the breakdown of some Php1.9 billion worth of fund allocated by the regional government in response to the Coronavirus Disease (Covid-19) pandemic.

As of April 30, 2020, the MFBM has already released a total fund of Php1,918,782,295 The fund was divided and distributed to three (3) accountable ministries/offices of the Bangsamoro Government namely: the Office of the Chief Minister (OCM), Ministry of Interior and Local Government (MILG), and the Ministry of Social Services and Development (MSSD).

Below is the breakdown of the P1.9-billion allocated funds of the Bangsamoro Government to address Covid-19 pandemic:

Breakdown of the P1.9-billion allocated funds of the Bangsamoro Government to address Covid-19 pandemic.

Regional Cabinet Secretary and Bangsamoro Inter-Agency Task Force (IATF) Spokesperson Mohd Asnin Pendatun said that the allocated funds of Php1.9 billion were a combination of the regular and quick response funds of the ministries and offices of BARMM.

He further clarified that it does not entail that these funds have already been completely disbursed or utilized.

“Gusto lamang po nating i-emphasize na ‘yong Php1.9B na allotment ng fund, hindi lahat ay nadisburse o nagamit na. Ibig sabihin lamang po nito ay maaaring gamitin ang funds na ito for Covid-19 related activities or programs,” Pendatun stressed.

[We would like to emphasize that the P1.9B fund allotment has not been completely disbursed or utilized. It means the funds can be used for Covid-19 related activities or programs as well.] (BPI/PIA ICIC)

source https://pia.gov.ph/news/articles/1041398

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