Loan Contracting by NPC with IBRD

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Republic Act No. 357: Loan Contracting by NPC with IBRD

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Title Supreme Court: Loan Contracting by NPC with IBRD

Law: Republic Act No. 357

Decision Date: Jun 4, 1949

Republic Act No. 357 grants the National Power Corporation the authority to contract loans from the International Bank for Reconstruction and Development to assist in the reconstruction and development of the country's economy, with the President of the Philippines given the power to negotiate and contract loans on behalf of NPC.

authority

contract loans

negotiate

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