Politics · Philippines Bureau
Bangsamoro Cabinet prioritizes budget, revenue reforms in inaugural meeting
The newly formed Bangsamoro Cabinet has set its sights on preparing the 2027 expenditure program and refining a proposed regional revenue code at its first formal gathering. Chief Minister Abdulraof Macacua emphasized that the success of the regular Bangsamoro Government would ultimately rest on effective implementation of these key fiscal measures.
LSN Philippines ·
COTABATO CITY — The inaugural meeting of the Bangsamoro Cabinet convened Friday with Chief Minister Abdulraof Macacua presiding over discussions focused on two central fiscal priorities: the preparation of the region's 2027 expenditure program and refinements to a proposed revenue code.
Macacua underscored during the meeting that the performance metrics for the regular Bangsamoro Government would be gauged largely by its ability to execute these financial frameworks effectively. The two agenda items represent foundational policy work aimed at strengthening the autonomous region's fiscal governance and revenue-generating capacity.
The expenditure program is expected to outline budgetary allocations across key sectors and government operations for the coming year, while the revised revenue code seeks to optimize the region's tax collection mechanisms and financial sustainability.
The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) continues its transition toward full autonomous operations, with this Cabinet meeting marking a significant step in establishing operational governance structures and long-term fiscal planning.