1 minute read

BTA budget committee discusses proposed BARMM Buffer Fund Act of 2022

THE Bangsamoro Parliament’s Finance, Budget, and Management Committee deliberated on Parliament Bill No. 41, also known as the BARMM Buffer Fund Act of 2022.

Advertisement

The Parliament Bill No. 41, filed by the Government of the Day, proposes allocating a P500 million buffer fund to ensure timely salary payments to nationally funded workers supervised by BARMM ministries or offices. The buffer fund will also be used to compensate for any delays in the transfer or download of funds for the payment of salaries and other benefits to affected employees.

According to the reports, the Ministry of Social Services and

Development and the Ministry of Health both had 1,769 and 1,956 affected employees under nationally funded programs, respectively. Another meeting will be held to further discuss the proposed measure.

This article is from: