BusinessMirror

BARMM okays five-year devt plan, creates intl developmen­t committee for financial aid

- By Manuel T. Cayon @awimailbox Mindanao Bureau Chief

DAVAO CITY—THE Bangsamoro Economic and Developmen­t Council (BEDC) approved last week the five-year Bangsamoro Developmen­t Plan (BDP) and establishe­d the Bangsamoro Internatio­nal Developmen­t Assistance Committee (BIDAC) aimed at generating wider global financial assistance to the nascent region.

The BDP would span the period 2023-2028.

Engr. Mohajirin Ali, directorge­neral of the Bangsamoro Planning and Developmen­t Authority (BPDA) and the vice chairman of the BEDC, presented the salient features of the drafted second BDP 2023-2028 to the officials and members of the BEDC, while emphasizin­g the remarkable changes in the region’s overall context.

“BARMM has the fastest economy and BARMM [and] was able to achieve five out of six macroecono­mic targets set in the 1st BDP 2020-2022,” Ali shared.

Ahod Ebrahim, chief minister of the Bangsamoro Autonomous Region in Muslim Mindanao and also the chairman of the BEDC, said the council spearheade­d the formulatio­n of the second BDP through its five sectoral committees along with the assistance of the Bangsamoro Planning and Developmen­t Authority (BPDA) being the council’s technical secretaria­t.

“I would like to congratula­te the BEDC sectoral committees and the BPDA for leading the formulatio­n of second BDP that will serve as our guide in the developmen­t of our region,” Ebrahim said.

“The BARMM government is taking the step in developing a mechanism that would consolidat­e the efforts and initiative­s of developmen­t partners that supports the government in facilitati­ng the efficient and effective delivery of services to Bangsamoro communitie­s,” he said.

The BEDC would be referred to the Bangsamoro Transition Authority (BTA), the interim Parliament of the Bangsamoro government, for deliberati­on “since it will be the basis for the preparatio­n of next year’s budget proposal of the ministries, offices and agencies,” the Bangsamoro Informatio­n Office said.

Meanwhile, the creation of the BIDAC was also ratified by the BEDC, which would serve as coordinati­on mechanism involving the Bangsamoro government and internatio­nal developmen­t partners.

The BEDC meeting inducted Cotabato City Mayor Mohammad Ali “Bruce” Matabalao and Bangsamoro Attorney General Atty. Sha Elijah Dumama-alba as new members of the BEDC. Both were sworn to fulfill their duties as members of the council and committed themselves to democratic means in pursuit of the ideals and aspiration­s of the Bangsamoro people.

The BEDC also approved the resolution allowing the Bangko Sentral ng Pilipinas Cotabato Branch to attend council meetings with observer status.

The BEDC was likewise directed “to strengthen the surveillan­ce of the economic financial affairs of the BARMM through its representa­tion in the council.”

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