WB notes ASFP's improved project performance
Koronadal City (23 March) -- The World Bank (WB) is impressed by the relative improvement in project implementation being undertaken by ARMM Social Fund Project(ASFP) in identified communities of the autonomous region.
The last few months, from the usual centralized fund management approach, ASFP has shifted to program contract system between agenciesfor speedy and efficient implementation of community-based projecte funded by the ASFP.
According to ASFP Project Manager Engr. Nasser Sinarimbo, the WB has noted the increase by almost 60% in ASFP's project performance the last six months.
"Actually, this is welcome news for the Project Management Office (PMO) staff together with the DSWD that the World Bank recognizes our effort. They have seen the impact of this new system of project implementation in the ARMM areas,? Sinarimbo said.
Sinarimbo said, out of the 2,486 total barangays in the autonomous region, 970 have benefited the ASFP's various projects.
"Meron na lang 99 na barangays with on-going community development assistance under the World Bank component and iyong JICA component o fund, meron kaming 108 barangays with a total of 207,? Sinarimbo said.
The World Bank financial assistance to ASFP for the implementation of community-based projects in the ARMM since 2003 reached $33.6 billion while 2.47 million yen from JICA.
Some 596 barangays in the autonomous region would benefit from the additional $30 million financial assistance from the WB approved early this year by the NEDA Board chaired by President Gloria Macapagal-Arroyo.
The WB's recognition of improved project performance, Sinarimbo said, indicates proper funds management to ensure this would redound to the benefit of the people and communities in the autonomous region in support to government's peace and development efforts. (pbc/PIA) [top]