Saturday May, 04 2024 08:41:11 PM

World Bank Group, DBM back BARMM’s digitalization initiative

BANGSAMORO NEWS UPDATES • 16:15 PM Wed Feb 22, 2023
351
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. 

DENR-12 MANP Cotabato documents encounter with "Ibong Adarna"

KIDAPAWAN CITY - Four birds of the Philippine Trogon (Harpactes ardens), a bird species associated with the mythical Ibong Adarna, were documented...

Cotabato Light announces power service interruption in DOS

COTABATO CITY - The Cotabato Light and Power Company (Cotabato Light) has announced a scheduled power interruption affecting Dinaig Proper to Tapian...

Barangay treasurer sa Cotabato City, anak na babae, patay sa ambush, isa pa sugatan

COTABATO CITY - DEAD on arrival sa pagamutan ang dalawang biktima na kinilalang si Mhadz Mamantal, Treasurer ng Mother Barangay Bagua, driver ng...

21 kilos shabu seized in Zamboanga City PDEA sting

COTABATO CITY - Anti-narcotics agents seized P145.5 million worth of shabu from four dealers entrapped in Barangay Mampang in Zamboanga City on...

2 cops linked to murder of police captain in Maguindanao Norte surrender

CAMP SK PENDATUN, Maguindanao del Norte - Two of five suspects who gunned down a police captain in a public market of Poblacion 2 in Parang,...