Monday, April 6, 2015

Bangsamoro to stimulate multi-billion peso economic turnaround: expert

From the Philippine News Agency (Apr 6): Bangsamoro to stimulate multi-billion peso economic turnaround: expert

Government expects creation of the targeted Bangsamoro autonomous region, a poverty-stricken and war-weary area at present, to generate economic growth of at least some PHP36 billion annually and about 60,000 jobs.

"That's even only a conservative estimate of Bangsamoro's possible contribution to Philippine GDP," government peace panel member and former agriculture chief Senen Bacani said Monday (April 6) at a Metro Manila forum on updates regarding the government-Moro Islamic LiberationFront (MILF) negotiations for peace and the region's creation.

He projects peace and stability following the region's creation to fuel agro-fisheries as well as gas and minerals exploration activities, stimulating economic turn-around of the area.

"Agro-fisheries will be the biggest job creator there," Bacani said.

Between PHP100,000 to PHP200,000 investment is needed to generate jobs in the area's agro-fisheries sector, he noted.

"I think it's possible to generate the projected 60,000 jobs there," he said.

Bacani made the projections, noting conservative estimates place the Bangsamoro's expected economic growth at about a third of one percent of Philippine GDP which already ballooned to around PHP12 trillion.

According to government, the target Bangsamoro territory will still be part of the Philippines.

Such territory will cover land mass as well as maritime,terrestrial, fluvial and alluvial domains and the aerial domain above it, government noted.

Bangsamoro's core territory will include the present geographical areas of Autonomous Region in Muslim Mindanao (ARMM) as well as Baloi, Munai, Nunungan, Pantar, Tagoloan and Tangkal municipalities in Lanao del Norte province.

The target region will also cover all other "barangay" (village) settlements in Kabacan, Carmen, Aleosan, Pigkawayan, Pikit and Midsayap municipalities in North Cotabato province that voted for inclusion in ARMM during the 2001 plebiscite; Cotabato and Isabela cities as well as "all other contiguous areas where there is a resolution of the LGU or a petition of at least 10 percent of registered voters in the area asking for their inclusion at least two months prior to conduct of ratification of the Bangsamoro Basic Law and the process of delimitation of the Bangsamoro."

Government also said areas contiguous and outside the Bangsamoro core territory "may opt at any time to be part of the territory upon petition of at least 10 percent of the registered voters and approved by a majority of qualified votes cast in a plebiscite."

Bangsamoro Basic Law (BBL) is the legislation Malacanang proposed for the target region that will replace the current ARMM.

Bacani said the target Bangsamoro region will likely experience, some 10 years after its creation, the full impact of expected multi-billion peso economic growth.

He based such forecast on developments after past international conflicts, noting it normally took a decade for private investments to flow into previously strife-stricken areas.

He said government hopes the real impact of Bangsamoro's economic growth can be substantial in the next five years with the nearly 50 percent poverty incidence there at present being halved by then.

"We're optimistic that in the near-term, there should be faster effect in terms of poverty alleviation," he noted.

Public and private expenditures will help bring forth such poverty reduction, he said.

"Only sustainable livelihood can lift people out of poverty," he said.

Bangsamoro's immediate impact is possible some two years after creation of this target region, Bacani said further.

It will take such period for government to establish in Bangsamoro the infrastructure and basic services needed for this target region's economic take-off, he noted.

"Government must fill in the necessary gaps," he said.

Peace talks between government and MILF hit a snag this year when deadly fighting erupted in Maguindanao province between Special Action Force (SAF) police commandos and non-State forces during an anti-terrorist operation.

Forty-four of the SAF commandos were killed in action while on a mission against terrorists Zulkifli bin Hir alias Marwan, a Malaysian master bomb-maker, and his Filipino counterpart Basit Usman.

Authorities identified the non-State forces as belonging to MILF, the Bangsamoro Islamic Freedom Fighters (BIFF) breakaway group as well as private armed groups.

At least 17 MILF and four civilians also died during the fighting.

In February 2013, government and MILF launched the Sajahatra Bangsamoro Program which is a socio-economic initiatives for jumpstarting initial dividends of the peace both parties continue striving to achieve.

The program aims to improve health, education and livelihood of priority Bangsamoro communities and targeted individual beneficiaries through quick-gestation, high-impact and social protection-type measures.

Department of Social Welfare and Development (DSWD) as well as other government agencies concerned directly implement projects under the Sajahatra Bangsamoro Program.

Sajahatra was designed to be inclusive so there are individual IPs and non-Moros as well as areas under this program that are outside the proposed Bangsamoro core territory.

The government said such areas include Davao Oriental and Zamboanga Sibugay provinces.

http://www.pna.gov.ph/index.php?idn=1&sid=&nid=1&rid=750772

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