Contingent Fund
of which ₱11,345,317,076.90
Contingent Fund. The amount of Eleven Billion Three Hundred Forty-Five Million Three Hundred Seventeen Thousand Seventy-Six Pesos and Ninety Centavos (₱ 11,345,317,076.90) herein appropriated shall cover the funding requirements of new or urgent projects and activities of the Bangsamoro Government's M/O/As, and GOCCs that need to be implemented or paid during the year, such as, but not limited to the following:
- Digitalization of BARMM Bureaucracy. The amount herein appropriated may also be used for the funding requirements for initiatives related to the digitalization of BARMM bureaucracy;
- Islamic Finance Programs. The amount herein appropriated may be used for the funding requirements of Islamic Finance-related programs, activities, and projects subject to Section 30 of this Act;
- Transitional Development Impact Fund. The Implementing Ministry/Office/Agency shall be primarily responsible in the implementation and monitoring of the projects charged against the fund;
- Provision for cost of acquisition of Al-Amanah Islamic Bank and other related costs;
- Customs Duties and Taxes, including Tax Expenditures. The amount herein appropriated may be used to support the tax expenditures of the various Bangsamoro Government's M/O/As and the assumed tax payable on foreign assistance and donations for the Bangsamoro, such as, but not limited to, the Japan Government Assistance;
- Education Programs. The amount herein appropriated may be used for the funding allocation of Education Programs and Projects previously provided by the National Government and continuously enjoyed by other administrative regions;
- Infrastructure Projects. The amount herein appropriated may be used for other infrastructure projects such as but not limited to the Humanitarian and Development Assistance Program (HDAP) of the defunct Autonomous Region in Muslim Mindanao (ARMM), the completion of which were affected by inflation, COVID-19 pandemic, and transition adjustments subject to submission of common engineering documents;
- Support to National Prosecution Service in the BARMM. The amount herein appropriated may be used to support National Prosecution Service in the BARMM, pursuant to Muslim Mindanao Autonomy Act. No. 310;
- Special Provisions. The funding for the special provisions as provided in this Act shall be charged against this appropriation; and
- Other Expenditures. The amount herein appropriated may be used to support programs, activities, and projects mandated by law, and any unforeseen programs and activities not covered by this Act, subject to technical assessment and approval of the Chief Minister.