MFBM Technical Budget Hearing Update (8/25/2021)
The Technical Budget Hearing for FY 2022, led by the Ministry of Finance, and Budget and Management (MFBM), will officially end tonight with the Office of the Chief Minister and its attached offices defending its budget proposal being held today, August 25 at the Bajau Hall, OCM Building, BGC, Cotabato City.
Following the TBH, MFBM shall consolidate the recommended budgets, hence, crafting the Bangsamoro Expenditure Program (BEP). The BEP shall be presented to the Chief Minister and his Cabinet members for refinements and prioritization of programs for the next fiscal year. With the approval of the Executive Review Board, the BEP shall be dubbed as the Chief Minister’s Budget.