ECONOMICS DIVISION
Ministry of Finance, and Budget and Management
Ministry of Finance, and Budget and Management
This briefer presents an overview of the economic performance of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) for the year 2024, along with projections for 2025 and 2026. It provides a concise yet comprehensive analysis of key macroeconomic indicators including Gross Regional Domestic Product (GRDP), labor market trends, and inflation dynamics. The data used in this briefer are primarily drawn from official statistics released by the Philippine Statistics Authority (PSA), supplemented by verified assumptions based on national and regional development plans, government policy pronouncements, and relevant economic forecasts.
Prepared by the Economics Division of the Ministry of Finance, and Budget and Management (MFBM), this document aims to inform policymakers, development partners, and other stakeholders on the current economic landscape and forward-looking prospects of the region. The projections provided in this briefer serve as inputs for strategic planning, policy formulation, and investment decision-making toward achieving sustained and inclusive economic growth in BARMM.
See full report here: Publications
To strengthen fiscal policy formulation and promote evidence-based decision-making, the Ministry of Finance, and Budget and Management (MFBM), through its Economics Division and in collaboration with the Legal and Legislative Liaison Division, conducted a three-day workshop on 𝑭𝒊𝒔𝒄𝒂𝒍 𝑷𝒐𝒍𝒊𝒄𝒚 𝑨𝒘𝒂𝒓𝒆𝒏𝒆𝒔𝒔 𝒂𝒏𝒅 𝑫𝒂𝒕𝒂 𝑹𝒆𝒂𝒅𝒊𝒏𝒆𝒔𝒔 from May 20 to 22, 2025, in Davao City.
The Ministry of Finance, and Budget and Management (MFBM), through the Economics Division, conducted a three-day workshop on Reviewing Technical and Policy Documents from February 18 to 20 which was held in Cotabato City.
The Ministry of Finance, and Budget and Management (MFBM), in partnership with the Macroeconomic Research Division of the Asian Development Bank (ADB), conducted the Capacity-Building Training for Bangsamoro Budget Coordinating Committee (BBCC) members on Macroeconomic Monitoring and Data-Driven Budgeting last October 21-25, 2024 in Davao City.
The Economics Division of the Ministry of Finance, Budget, and Management (MFBM) recently conducted an in-depth study on the spending patterns of BARMM-funded provincial hospitals. Led by Division Chief Noraida G. Macapantar, the research team visited four key healthcare facilities in the region: Maguindanao Provincial Hospital, Datu Halun Sakilan Memorial Hospital, Sulu Provincial Hospital, and Tamparan District Hospital.
The Seminar-Orientation on Effective Utilization of Economic Data for Informed Fiscal Management provided an exceptional platform for participants to enhance their understanding of economic data utilization.
The courtesy meeting highlighted the significance of the cooperative effort and the commitment to facilitating data accuracy and informed decision-making within the region.
The seminar-workshop not only served as a valuable learning experience but also paved the way for data-driven, meaningful policies that align with the objectives of the Ministry and the Bangsamoro region as a whole.