- Utilization of the Unused Agri-Agra Allocation Funds for Socialized and Low-cost Housing
- Memorandum from the President
February 19, 1999
MEMORANDUM FROM THE PRESIDENT
|SUBJECT||:||Utilization of the Unused Agri-Agra Allocation Funds for Socialized and Low-cost Housing|
In your capacity as the Cabinet representative to the Monetary Board of the Bangko Sentral ng Pilipinas (BSP), you are hereby directed to advocate for the utilization of the unused Agri-Agra allocation funds from banks to be invested in socialized and low-cost housing, as provided for under section 11 (B) of
Submit a status report on the matter to my Office, through the Presidential Management Staff (PMS), on or before 29 February 1999.
For strict compliance.