The PhP65.91 billion budget shall serve as the guide and tool for the timely, effective, efficient and prudent use of available funds to ensure that planned programs and projects are actually carried out in FY 2020, to deliver to the Bangsamoro people their much needed and anticipated goods and services.

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The purpose of this law is to establish an effective political entity, provide for its basic structure of government in recognition of the justness and cause of the Cordillerans and to secure their identity, posterity, and allow for meaningful governance.

Read more: FULL TEXT OF HOUSE BILL NO. 5687: An Act Establishing the Autonomous Region of the Cordillera

While fund transfers are not a new financing mechanism in the country, the provision of a block grant by the national government to an autonomous region is a new system. As such, new guidelines and implementing rules are needed to ensure the proper and effective implementation of the Block Grant provision.

Read more: Access Bangsamoro proposes recommendations for the implementation of the BARMM Block Grant

IAG Senior Policy Adviser Fr. Eliseo Mercado Jr. lauds President Duterte's appointment of MNLF founding chair Nur Misuari as the PH's special economic envoy to the Organization of Islamic Cooperation.

Read more: WATCH: Governance expert lauds Duterte's appointment of Nur Misuari to OIC