World Bank said it will ramp up development support to the Bangsamoro region after President Rodrigo R. Duterte signed the Bangsamoro Organic Law (BOL) last week.
“The signing of the Bangsamoro Organic Law and its implementation are critical to achieve log lasting peace in the region, and we are committed to scale up our program and double our efforts in support of this promising opportunity,” said Mara Warwick, World Bank Country Director for Brunei, Malaysia, Philippines and Thailand in a statement on Tuesday.
Currently, the multilateral bank is supporting the peace process between the Philippines government and the Moro Islamic Liberation Front through the Mindanao Trust Fund (MTF). — Elijah Joseph C. Tubayan