Thursday Apr, 25 2024 02:39:55 PM

World Bank Group, DBM back BARMM’s digitalization initiative

BANGSAMORO NEWS UPDATES • 16:15 PM Wed Feb 22, 2023
342
By: 
Kasan Usop, Jr./BIO with reports from MFBM-IO
Photo courtesy of MFBM-BARMM

COTABATO CITY — The digitalization initiative for BARMM's system of governance is being supported by the World Bank Group (WBG) and the Department of Budget and Management (DBM), following the consultation held last Feb. 15, 2023.

The World Bank Group reaffirms engagement with the Ministry of Finance, and Budget and Management (MFBM) as the two (2) agencies plan to beef up economic and digitalization opportunities in the Bangsamoro autonomous region.

Ndiame Diop, World Bank Country Director, discussed possible joint ventures on tax, expenditure management, and Islamic Finance which could highly contribute to the socioeconomic status in the region. 

“We continue to support the BARMM in these aspects, and we are happy to discuss it with you. On the tax side, we did good work with the workshop and probably, tax devolution,” Diop said. 

“It’s really about public investment management and we would like to discuss with you the allocative efficiency of BARMM, which includes optimal distribution of services and the Ministries and Offices’ utilization rate, and we recognize that there are a lot of things that need to address with,” Diop added

Meanwhile, MFBM Minister Atty. Ubaida Pacasem underscored that the Government of the Day is committed to strengthening the finance and budget management in the Bangsamoro Government. He also appreciated the assistance of the World Bank in building the foundations for the MFBM. 

“One of our priorities is to institutionalize the Zakat and Waqaf [and] we would like to ask for assistance on the establishment of the region’s Government-Owned and Controlled Corporations,” Minister Pacasem said. 

Pacasem also stressed that full implementation of the Bangsamoro Revenue Office requires a system that will fast-track the collection of taxes, fees, and charges. 

“E-governance and digitalization are ongoing since it is aligned with the 12-Point Priority Agenda of BARMM. We also adhere to the National Government’s standards in digitalizing its processes,” Pacasem added.

Secretary Amenah Pangandaman emphasized that digital transformation plays a critical role in achieving inclusive growth for all Filipinos by strengthening intergovernmental connections, increasing transparency in governance, and ensuring bureaucratic efficiency.

“Rest assured that we, at the national government and the whole ICT sector, are in full support of your goal to achieve a sound, systematic, transparent, and accountable form of governance,” Pangandaman said.

The DBM chief also mentioned that the Digital Transformation Roadmap aims to create one primary tool and a single source of truth for all fiscal-related transactions; promote fiscal transparency, management, and accountability in government; prevent red tape and other corruption-related activities through paperless transactions; and reduce government expenses intended for manual transactions, among others. 

Moreover, the digitalization includes the adaptation of the digitized official receipt system, and the event’s discussions on payment transactions, email transmissions, account management, and verification system.  

“We want to make sure that BARMM will not be left behind in all these endeavors,” Pangandaman said. 

Villagers displaced by hostilities between 2 Moro factions

COTABATO CITY - A Moro gunman was killed while six others were reportedly hurt in a series of gunfights on Wednesday afternoon in Barangay Banucagon...

300 pamilya, lumikas dahil sa bakbakan ng dalawang armed groups sa Pigcawayan

LUMIKAS ang nasa 300 mga indibidwal mula Barangay Banucagon, Pigcawayan, Cotabato nang sumiklab kahapon ng hapon ang bakbakan sa pagitan ng dalawang...

Cotabato Light announces power interruption for April 30

COTABATO CITY - The Cotabato Light and Power Company announced the scheduled power interruption affecting some parts of Barangay Macaguiling, Sultan...

Over P65-M shabu destroyed in Sulu: PDEA

COTABATO CITY - The Philippine Drug Enforcement Agency Regional Office (PDEA-BARMM) destroyed more than 11 kilos of dangerous drugs with a...

DENR-12, partners kick off tree planting efforts in Sarangani tree park

KIAMBA, Sarangani Province – A total of 300 native tree seedlings were planted on Monday, April 22, by the DENR Community Environment and Natural...