Land Bank extends loans to Mountain Province, Pangasinan LGUs

A+
A
A-

The Land Bank of the Philippines recently approved a total of P349.2 million in loans for the Provincial Governments of Mountain Province and Pangasinan.

The P166.7-million loan for the provincial government of Mountain Province will finance the construction of a new four-storey capitol building, a gymnasium and various farm-to-market roads.

Meanwhile, the P182.5 million term loan to the provincial government of Pangasinan will help fund the rehabilitation of government centers and the construction of provincial and district hospitals.

“We, at Land Bank, recognize the key role of local government units as our partners in countryside development and as the best link between communities and the National Government. This is why we continue to further expand our credit assistance to this sector,” said Land Bank president and CEO Gilda E. Pico.

  • Tags:

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

Comments are closed

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94

editors' picks

advertisement