via The World Bank
August 06, 2019 | World Bank

Ratification of the Organic Law for the Bangsamoro Autonomous Region in Muslim Mindanao, Republic Act No. 11054, (BOL) in January 2019 was a major landmark in the evolution of governance in the region. It is hoped that the law will be the foundation for a more peaceful, prosperous and inclusive stage of development in the region. This report aims to provide a baseline for assessing the public financial management situation facing the Bangsamoro regional government (BG). It seeks to identify the strengths and provide some pointers to areas where the quality and effectiveness of resource management can be strengthened or need attention so that the goals and objectives of the national and subnational governments can be realized. More specific observations and recommendations are included in the body of the report. The analysis provides and overview of the framework and foundation of government, including a brief outline of the relevant history and context. It then analyzes the various activities involved in public financial management from planning through budget preparation, budget execution, audit and control, reporting and accountability, and important crosscutting issues.

via SSRN
June 25, 2019 | Ronald U. Mendoza and Michael Henry Yusingco

The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) was created under the Bangsamoro Organic Law (RA 11054 ) which was signed into law in March 2019. One key feature in this law is the creation of a BARMM block grant which is intended to help resource the new autonomous region which will replace the ARMM. In practical terms, setting up BARMM will hinge critically on the amount of financing it can mobilize—as well as the public finance management architecture which will serve as the governance system for BARMM’s finances. This brief article seeks to contribute to the discussions on operationalizing the block grant mechanism by briefly reviewing the international literature on the practice of block grant financing. It will also revisit the legislative discussions on the BOL—specifically on the block grant– in order to reveal some of the intended parameters underpinning this tool. Moving forward, both the national government agencies (notably the DBM) and their BARMM counterparts will need to tackle some key operational questions regarding the block grant. In lieu of answers at this stage, our note outlines some of these questions for immediate deliberation.