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PIA Press Release
2010/02/02

ARMM-ASFP officials welcome approval of $30M aid

Koronadal City (2 February) -- Officials of the ARMM Social Fund Project (ASFP) based in Cotabato City see the approval of the additional $30 million financial assistance as a positive development.

The NEDA board chaired by President Gloria Macapagal-Arroyo has recently approved the $30 million additional financing of various projects in the autonomous region being implemented by the ASFP.

According to newly appointed ASFP Project Manager Engr. Nasser Sinarimbo, this additional $30 million financing by the World Bank would translate to about P1.41 billion with Government of the Philippines (GOP) counterpart of about P.41 billion is a boost to the parallel efforts of helping bring development in the autonomous region to a greater heights.

Sinarimbo said, this additional financing sourced out from the IBRD or World Bank would run for three years with a total project cost of about P1.82 billion for the implementation of two components such as Community Development Assistance (CDA) and the Institutional Strengthening and Governance.

Through community demand-driven approach, ASFP?s Project Management Office (PMO) is preparing pertinent documents for the replication of project activities in 596 barangays utilizing the additional financing from the World Bank, Sinarimbo said.

Based on ASFP?s December 2009 Progress Report, the CDA Component has accomplished 97.97 percent of its 26,493 target activity output, completed 1,661 Coomunity-Based Infrastructure subprojects out of the 1,723 target for Project Life and has turned-over 1,370 subprojects to respective local government units/agencies.

Some 273 barangays mobilized, completed Functional Literacy training, Household Sufficiency Activities and Income Generating Activities undertaken under its Learning Livewlihood and Food Sufficiency subcomponent.

On the other hand, thirteen (13) priority subprojects under the Strategic Regional Infrastructure have been completed which include the provision of additional equipment and facilities to Datu Balh Sinsuat District Hospital, Regional Social Welfare and Development Center, Regional Teacher?s Training Center, Information and Communication Technology-Community Research Development Project, Buluan District Hospital, Pangutaran District Hospital, Lamitan District Hospital, and Sulu Provincial Hospital, among others.

With the consistent "Satisfactory" performance rating by the Wrold Bank, Sinarimbo is confident they will be able to deliver the remaining subprojects and achieve project objectives. (pbc/PIA) [top]

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