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DBP, Tuguegarao City sign loan pact for dev't projects

MANILA - State-owned Development Bank of the Philippines (DBP) has granted a new PHP311.8-million term loan to the local government unit (LGU) of Tuguegarao City to bankroll public infrastructure and agriculture productivity enhancement projects in the area, a top official said. DBP president and chief executive officer Emmanuel Herbosa said the loan was extended under the Assistance for Economic and Social Development for LGUs Financing Program - Bayanihan Interest Subsidy Fund and would be use...
Cagayan Valley Philippines General Tuguegarao City Quezon City Emmanuel Herbosa Bayanihan Interest Subsidy Fund

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