Rural Equipment Loan Program for LGUs

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Title Supreme Court: Rural Equipment Loan Program for LGUs

Law: Letter Of Instruction No. 633

Decision Date: Nov 29, 1977

Letter of Instructions No. 633 directs the creation of a loan program by Philippine banks to assist local governments in acquiring equipment for infrastructure development, with guidelines and procedures formulated by the Secretaries of Local Government and Community Development and Finance.

local government

equipment acquisition

loan program

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