P33.5-B ARMM bud­get hur­dles House, set for Se­nate com­mit­tee de­lib­er­a­tion on Sept. 18

Business World - - THE NATION -

THE P33.469-bil­lion pro­posed bud­get of the Au­ton­o­mous Re­gion in Mus­lim Min­danao (ARMM) for 2018 was ap­proved late Tues­day by the House of Rep­re­sen­ta­tives and is set for com­mit­tee-level de­lib­er­a­tion at the Se­nate on Mon­day, Sept. 18. “We are proud of what we have ac­com­plished in the ARMM and we have an­swered all queries suf­fi­ciently dur­ing the pre-ple­nary hear­ings. The House has shown yet again that it trusts the re­gional govern­ment,” Gov. Mu­jiv Hata­man said in a state­ment. ARMM’s econ­omy re­bounded by 0.3% in 2016 from a con­trac­tion of 0.4% the pre­vi­ous year, boosted by ex­pan­sions in both the in­dus­try and ser­vices sec­tors. Agri­cul­ture, hunt­ing, forestry, and fish­ery con­tin­ued to be the big­gest con­trib­u­tor to the econ­omy at 56.3%, fol­lowed by ser­vices at 38% and in­dus­try at 5.7%. —

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