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Trust fund pooling int’l aid to normalize war-torn Bangsamoro communities launched The Bangsamoro Normalization Trust Fund (BNTF), managed by the World Bank, will coordinate international aid supporting the normalization track of the peace process between the Philippine government and the Moro Islamic Liberation Front. BY ELYSSSA LOPEZ May 20, 2021 | 01:00:00 AM
It took a while to set it up but the Bangsamoro Normalization Trust Fund (BNTF), a key instrument to support the peace process in the Bangsamoro region in Mindanao, was finally launched on May 19, 2021.
“This has been much awaited,” said Murad Ebrahim, chief minister of the two-year-old Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) during the virtual launch. He is also the chairman of the Moro Islamic Liberation Front (MILF).
What’s new? Two years into a three-year transition, the “normalisation” process that aims to disarm ex-rebels and pay peace dividends to the Philippines’ Bangsamoro region is behind schedule, partly because of COVID-19. Manila has recently taken steps to restore the momentum, but time is of the essence.
Why does it matter? Normalisation has several essential components, including supplying socio-economic support, deploying peacekeeping teams to boost conflict mitigation efforts and disbanding private militias. Whether or not the government extends the 2022 deadline for the political transition, delays in carrying out these measures could frustrate former insurgents and raise the risk of violence.