Natural Resource Management – 2018

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Natural Resource Management – 2018

2018

Intermediate Implementation Intermediate implementation

The BBL was signed into law by President Duterte on July 26, 2018.[1] The law established revenue sharing for natural resource profits between the National and Regional Government, as well as revenue sharing between the Regional Government and local governments. Additionally, the law required that indigenous groups be given an equal share of profits from resources on their land, although the specific mechanism and percentages were to be defined in a later law.[2]

[1] “President signs Bangsamoro Organic Law,” Economist Intelligence Unit (EIU) Country Reports, July 30, 2018.

[2] “Republic Act No. 11054,” Article XII, Sections 34, 35, and 36.