Donor Support – 2021

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Donor Support – 2021

2021

Full Implementation Full implementation

In May 2021, the Bangsamoro government, the Office of the Presidential Advisor on the Peace Process, and the World Bank virtually launched the Bangsamoro Normalization Trust Fund (BNTF). This multicolor trust fund supports the normalization process.[1] Further, in its meeting in February 2021, the Intergovernmental Fiscal Policy Board (IFPB) cleared rules under which the BARMM would be able to deal with foreign donors directly after obtaining approval from the Department of Finance.[2]

[1] “GPH-MILF, WB put up Bangsamoro Normalization Trust Fund,” Philippine News Agency, May 21, 2021. https://www.pna.gov.ph/articles/1141013

[2] “Seventh Public Report,” Third Party Monitoring Team, January 2022.