BusinessMirror January 07, 2024

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Sunday, January 7, 2024 Vol. 19 No. 84

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BARMM reports huge strides in governance in the year that was in Mindanao

T

By Manuel T. Cayon

INFO633933 | DREAMSTIME.COM

HE transition of the autonomous region in Mindanao, though still an experiment in progress, has reported significant strides in the areas of peace and economy, marking a notable breakthrough in its once challenging journey from the pursuit of independence to achieving self-rule.

The huge strides were reported as the current regional autonomous government is on its second transitioning threeyear period to demonstrate how Filipino Muslims are as capable as Malacañang is of bringing reliable and dependable governance to the rest of the country. Bannering its yearend report of leaps and bounds, the Bangsa­ moro Autonomous Region in Muslim Mindanao (BARMM) said its governance “champions inclusive, transformative developments in 2023.”

Planning

ONCE an area that grouped the country’s poorest municipalities and provinces, the region has finished a medium-term development plan—a departure from a place known for local government units ruling more by instincts and tradition of corruption than by regular planning, which nailed many of its 4.4 million residents in abject poverty for decades. On Tuesday, the BARMM

said in its yearend report that the Bangsamoro Planning and Development Authority (BPDA) officially launched the Bangsamoro Development Plan 2023-2028, “a six-year plan that aims to have an empowered, cohesive and progressive Bangsamoro.” The regional government said its plan outlined a comprehensive planning methodology to address BARMM’s important challenges. “Indeed, with our collaborative efforts, we were able to craft a plan that will aid in transforming the Bangsamoro region by identifying durable solutions towards a smooth transition to normalization, sustaining peace, and attaining socioeconomic development in our region,” Chief Minister Ahod Ebrahim underscored. Ebrahim assumed the nom de guerre Murad Ebrahim within the Moro Islamic Liberation Front (MILF), which was granted the autonomy to guide the region from unrest and poverty towards a promising sphere of development for its residents.

AERIAL view of Marawi City and Lake Lanao. MARY GRACE VARELA | DREAMSTIME.COM

“The peace process sends the positive message that we are on the mend; that we are on [our way] towards stability that will allow investments to be sustained.”—Ishak Mastura, chairman and managing head of the Regional Board of Investments

The BARMM was once a smaller experiment of regional autonomy with Central Mindanao and Western Mindanao as its territory in the 1970s, expanding to more areas when it transitioned into the Autonomous Region in Muslim Mindanao (ARMM) in 1988 to accommodate the Moro National Liberation Front until it entered into a final peace settlement in 1996.

“With our collaborative efforts, we were able to craft a plan that will aid in transforming the Bangsamoro region by identifying durable solutions towards a smooth transition to normalization, sustaining peace, and attaining socioeconomic development in our region.”—Chief Minister Ahod Ebrahim

The ARMM was later repackaged as the BARMM after the government forged a final peace pact with the MILF in 2014. Government planners convening at a national gathering in Davao City in the 1990s attributed the challenges to the absence

of comprehensive planning, with most local governments lacking both annual and long-term plans. Since the BARMM agreed to a phased transition, it has reported strides in the economy. The Bangsamoro Board of Investments (BBOI) said it attracted P3.1 billion in investments in the third quarter last year alone, generating 1,927 job opportunities. The Ministry of Trade, Investments and Tourism (MTIT) also recorded a total of P3,448,510 in investments that opened doors for 19,030 jobs as of September 2023. Economic activities, such as the Ramadhan Trade Fair 2023, also achieved P16.9 million in sales, which helped boost micro, small and medium enterprises (MSMEs) that participated during the monthlong business endeavor, showcasing local products and providing services. During the third quarter, MTIT also welcomed 558,795 domestic and 1,394 foreign tourists, totaling 560,189, which increased tourism and boosted the local economy.

Compared to 2022’s record of P16.8 million in revenue, the Polloc Freeport and Ecozone (PFEZ) had a total revenue collection of P20.6 million, showing that more port users and investors made PFEZ their port of call. The BARMM demonstrated its ability to address significant economic challenges, such as inflation, by reducing it to 6.35 percent at the start of the fiscal year, compared to the national rate of 7.8 percent. Additionally, the region recorded some of the lowest regional inflation rates from January to November of the same year.

Prior strides

DESPITE images of corruption and war, the autonomous region demonstrated the potential for economic deliverance when conditions of peace were met. Early improvements were already observed during the short caretakership period in the term of thenPresident Benigno “Noynoy” Aquino III. Continued on A2

PESO EXCHANGE RATES n US 55.6190 n JAPAN 0.3846 n UK 70.5416 n HK 7.1232 n CHINA 7.7659 n SINGAPORE 41.8502 n AUSTRALIA 37.2925 n EU 60.8861 n KOREA 0.0424 n SAUDI ARABIA 14.8309 Source: BSP (January 5, 2024)

MAKSIM GREBESHKOV | DREAMSTIME.COM

Down South, hopes heading for North


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