Wealth-sharing will give Bangsamoro ‘more fiscal space’

The agreement on wealth-sharing the government signed with the Moro Islamic Liberation Fund (MILF) will provide more fiscal space to the proposed Bangsamoro government that will replace the Autonomous Region in Muslim Mindanao (ARMM).

“We will have a far better sets of institutions and powers for the Bangsamoro government than what is currently enjoyed in the ARMM. That is for sure,” the government’s chief negotiator, Miriam Ferrer, said during a press briefing in Malacañang on Monday.