Tag: Annual Block Grant

BBL funds prioritize lasting peace and inclusive growth

MANILA, PIA – The funding support that the national government will extend to the proposed Bangsamoro region will help lift some of the poorest provinces in the Philippines out of poverty, as well as contribute to lasting peace and rule of law in the area, Budget Secretary Florencio “Butch” Abad said. “We must consider the prevailing conditions in the current Autonomous Region in Muslim Mindanao (ARMM). These include the 54 percent poverty incidence in the […]