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BARMM posts 5.9% economic growth in 2019

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The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) has posted 5.9 percent gross regional domestic product (GRDP) in 2019, the second highest in the region, according to the Philippine Statistics Authority (PSA).

PSA-BARMM OIC Regional Director Razulden A. Mangelen said Tuesday, November 24, the service sector contributed 40.4 percent in the region’s economic performance; followed by agriculture, forestry and fishing with 34.5 percent; and industry sector with 25.1 percent.

With the 6.0 percent GDP growth of the country in 2019, BARMM contributed 0.1 percentage point while its share to the total economy was 1.3 percent.

“The BARMM is an infant government. As we navigate with the ongoing transition, we acknowledge the need to bulk up our programs with sufficient data and responsive programs suited in the context of our region,” said Bangsamoro government Chief Minister Ahod “Al Haj Murad” Ebrahim.

“With PSA’s unparalleled commitment to help in this process, we are optimistic that things will be smoother and not baseless. In the context of the GRDP and GRDE (Gross Regional Domestic Expenditure), it is a must for us to tailor fit its data to our development plans and programs,” he added.

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