World Bank-led Mindanao fund extends $3 million

DAVAO CITY, Philippines – The Bangsamoro Development Agency (BDA) and two civil society organizations signed on Friday a new three-year, $3-million partnership under the World Bank-led Mindanao Trust Fund-Reconstruction and Development Program (MTF-RDP) to increase access to basic services in conflict-affected areas of Mindanao.

The agreement extends development assistance to over 20,000 households in 21 municipalities across nine provinces in Mindanao. 

The civil society groups that signed the partnership agreement with the BDA are the Community and Family Services International, and Mindanao Land Foundation.

Started in 2006, the MTF-RDP is a $16-million multi-donor facility that supports economic and social recovery and promotes inclusive and effective governance in conflict-affected areas of Mindanao.

Administered by the World Bank and co-chaired by the Office of the Presidential Adviser on the Peace Process and the BDA, the program serves as a mechanism for international development partners to pool resources and coordinate their support for peace and development in Mindanao.