Bangsamoro Budget Forum F.Y. 2023
𝗠𝗙𝗕𝗠 𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝘀 𝗕𝗮𝗻𝗴𝘀𝗮𝗺𝗼𝗿𝗼 𝗕𝘂𝗱𝗴𝗲𝘁 𝗙𝗼𝗿𝘂𝗺 𝐟𝐨𝐫 𝐅.𝐘. 𝟐𝟎𝟐𝟑
Immediately after the issuance of the Budget Call Guidelines, the Ministry of Finance, and Budget and Management (MFBM) conducts the Bangsamoro Budget Forum for FY 2023 today, April 4, 2022.
The Budget Forum enables the Ministries and Offices to be informed, educated and capacitated on the FY 2023 Budget Call Guidelines, and ensures that the mandates, plans, programs and projects of the Ministries and Offices are aligned to the policies and priority agenda of the Chief Minister.
This morning, Grand Mufti Abu Huraira Udasan reminded the Ministries and Offices the core principle of the Bangsamoro Government which is Moral Governance. Followed by the presentation of salient features of the Budget Call Guidelines discussed by MFBM Minister Atty Ubaida C. Pacasem, and indicative budget calendar showed by MFBM Bangsamoro Budget Office Director Atty Rahma D. Sanglitan.
The Budget Call Guidelines serves as the manual of the Ministries and Offices in preparing their respective budget proposals for the next fiscal year. MFBM Minister Pacasem explained key points such as a) implementation of the Annual Cash-Based Budgeting or Cash Budgeting System that promotes fiscal discipline and better planning among Ministries and Offices in spending or using their resources; and b) adoption of 2-Tier Budgeting Approach (2TBA) which aims to conduct separate reviews for on-going/approved programs vis-a-vis new or expanded one to give better focus on each type of program.
Participants of the said event are Ministers, Heads of Offices, Director-Generals, Planning Officers, Budget Officers, and Chief Accountants.
This afternoon, endorsing authorities namely Bangsamoro Women’s Commission, Information and Communications Office, Ministry of Public Works, and Ministry of Environment, Natural Resources and Energy tackle their guidelines on preparing budget proposals related to gender and development, information and communications technology, infrastructure projects, and environment, respectively.
𝘗𝘩𝘰𝘵𝘰𝘴 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘉𝘢𝘯𝘨𝘴𝘢𝘮𝘰𝘳𝘰 𝘐𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘖𝘧𝘧𝘪𝘤𝘦