MANILA: Philippine President Benigno Aquino said Wednesday he was confident of ending a decades-old insurgency before he stepped down in 2016, despite slow progress at peace talks.

The government had hoped to secure a final peace pact with the Moro Islamic Liberation Front (MILF) this year but negotiations have become bogged down, raising concerns about whether all other steps can be completed before Aquino’s term ends.

Asked at a foreign correspondents’ forum whether he remained confident of completing the peace process by mid-2016, Aquino replied: “Yes,” and said he preferred delays in the negotiations to a hastily arranged pact with flaws.

“Crafting the correct agreement that is liveable and doable by all (feasible) will necessarily take time,” Aquino said.

“And (it’s) better to have a good deal rather than to have any deal that is not liveable by all parties.”

Aquino also insisted the talks were making progress, citing key agreements on sensitive issues this year.

Rebels have been fighting since the 1970s for an autonomous or independent homeland in the southern Philippines, with the conflict having claimed an estimated 150,000 lives.

The MILF is the largest remaining rebel group yet to sign a peace accord. The peace talks aim to create an autonomous region for the Muslim minority in Mindanao, the southern third of the mainly Catholic nation of 100 million people.

A preliminary accord signed in October last year outlined the broad terms for a peace treaty, but did not focus on the toughest issues such as power sharing in the autonomous region and disarming the 12,000 MILF guerrillas.