President Aquino’s fantasy of winning a Nobel Peace Prize has cost us taxpayers a total of P8.6 billion, which was taken from the Disbursement Acceleration Program (DAP) that was declared unconstitutional by the Supreme Court yesterday.
The P8.6 billion was packaged and released from 2012 to early 2013 as the “Transition Investment Support Plan” (TISP) Fund” for the Autonomous Region in Muslim Mindanao (ARMM). It was purportedly intended to stimulate the area’s economic growth in order to smoothen its transition to a Bangsamoro state, which will be set up by the Moro Islamic Liberation Front (MILF).
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