The Department of Budget and Management announced Wednesday it has approved the release of over P200 million to implement programs that alleviate poverty and empower disadvantaged individuals in the Bangsamoro Autonomous Region in Muslim Mindanao for the first quarter of the year.
“Our kababayans can be assured that we will continue to provide strong support to BARMM as we secure a future-proof and sustainable economy,” Pangandaman was quoted as saying in a statement. The DBM said the release of cash allocation is part of the P3.22 billion funds that are directly transferred from the appropriation of the DSWD Central Office for the continued implementation of its banner programs in BARMM.
Of the total NCAs released, a total of P216 billion have been released to DSWD as of end-January 2024 with a balance of P27.657 billion.
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