Aquino earmarks P8.59B for peace framework pact

From the Philippine Information Agency (Oct 16): Aquino earmarks P8.59B for peace framework pact

The Aquino administration has earmarked P8.59-billion to fund the transition processes that will be stipulated in putting up the Bangsamoro political entity, a statement from the Presidential Communications Operations Office said. The Framework Agreement between the government of the Philippines and the Moro Islamic Liberation Front was signed yesterday in Malacanang.  In his speech during the Framework Agreement signing, President Benigno S. Aquino III said the additional amount for the Transition Investment Support Plan was on top of the P12.93-million already allocated in the General Appropriations Act. “This year the government has committed 8.59 billion pesos for the Transition Investment Support Plan, on top of the 12.93 billion pesos already allocated through our budget,” the President said. The amount, the President added, would be used to “map out the detailed steps, detailed commitments, and detailed programs that will lead to the fulfillment of our long-term goals....”

http://www.pia.gov.ph/news/index.php?article=1761350371562