The National Economic Development Authority said the passage of the Bangsamoro Basic Law will attract more business investors to the Bangsamoro region and boost its economic growth up to 12.8% annually, which will reduce poverty rate in the region.
Read more: Bangsamoro economy expected to grow by 12.8% under BBL
Malacañang hope to see Congress pass the proposed Bangsamoro Basic Law before it adjourns its session this week seems to have faded | Manila Times
The last Senate hearing on the Bangsamoro Basic Law (BBL) on Tuesday will focus on taxation and the management of natural resources in the Bangsamoro territory, Senator Ferdinand Marcos Jr., chairman of the committee on local governments, said | The Standard
Read more: Senate’s last BBL hearing to focus on taxes, minerals
The proposed parliamentary form of the Bangsamoro is meant to prevent another very powerful leader or clan from taking the reigns of the autonomous region, according to a member of the government peace panel legal team.
Read more: Bangsamoro’s Parliamentary form to prevent another ‘very powerful’ leader
Japan announces it will advance the new phase of Japan-Bangsamoro Initiatives for Reconstruction and Development (J-BIRD2) which will focus more on ensuring economic autonomy in the Bangsamoro Area, among others.
Read more: Text of Japan-Philippines Joint Declaration on strategic partnership