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                    [ArticleID] => 283695
                    [Title] => BSP okays $38.6-M loans for micro-enterprises
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved a $18.6-million worth of concessional loan for micro-enterprises in the rural areas and a $20-million commodity loan for budget support in 2005. 


The Monetary Board of the BSP approved the commodity loan from the US under the Farm Bill or Public Law 480, an annual commodity loan facility used by the government to support its budget requirements. 


Under the commodity loan, the US lends the Philippines the equivalent of $20 million worth of farm commodities, usually cereals like wheat, corn or rice. 


                    [DatePublished] => 2005-06-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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COMMODITY CREDIT CORP

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                    [ArticleID] => 283695
                    [Title] => BSP okays $38.6-M loans for micro-enterprises
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved a $18.6-million worth of concessional loan for micro-enterprises in the rural areas and a $20-million commodity loan for budget support in 2005. 


The Monetary Board of the BSP approved the commodity loan from the US under the Farm Bill or Public Law 480, an annual commodity loan facility used by the government to support its budget requirements. 


Under the commodity loan, the US lends the Philippines the equivalent of $20 million worth of farm commodities, usually cereals like wheat, corn or rice. 


                    [DatePublished] => 2005-06-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

BSP okays $38.6-M loans for micro-enterprises

By Des Ferriols | June 27, 2005 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has approved a $18.6-million worth of concessional loan for micro-enterprises in the rural areas and a $20-million commodity loan for budget support in 2005. The Monetary Board...

Business