ODA guidelines for BARMM dev’t OK’d
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NewsTranscript
00:00The Department of Finance, or DOF, reported the Intergovernmental Fiscal Policy Board,
00:06or IFPB, has approved guidelines on official development assistant loans for the Bangsamora
00:12Autonomous Region in Muslimand Danau, or BARM.
00:15According to Finance Secretary Ralph Recto, the guidelines will help open endless opportunities
00:20for the region, including infrastructure projects and socioeconomic programs.
00:26Meanwhile, the Department of Budget and Management, or DBM, said this achievement demonstrates
00:31the dedication and persistent efforts of the Intergovernmental Relations Body, or IGRB,
00:39particularly the IFPB, in fostering and ensuring sustainable economic development for the region.