₱8.59 billion to be used for ARMM-to-Bangsamoro transition

ABS-CBNNews.com reports that "President Benigno Aquino III said ₱8.59 billion will be used to fund the transition processes towards the putting up of the Bangsamoro political entity that will replace the Autonomous Region in Muslim Mindanao (ARMM)."

ABS-CBNNews.com reports that "President Benigno Aquino III said ₱8.59 billion will be used to fund the transition processes towards the putting up of the Bangsamoro political entity that will replace the Autonomous Region in Muslim Mindanao (ARMM)."

 

The report explained that the ₱8.59 billion is "on top of the ₱12.93 million allocated in the General Appropriations Act, which was meant to fund the Transition Investment Support Plan."

 

The report added that on Monday, October 15, the government and the Moro Islamic Liberation Front (MILF) peace panels signed the framework agreement, which is touted ot be "the foundation to end the decades-long strife in the South."

 

For more on this story, log on to ABS-CBNNews.com.

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