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                    [Title] => DOF bucks restoration of NG direct lending scheme
                    [Summary] => The restoration of the National Government’s publicly-funded direct lending program would ultimately kill existing micro-finance lending businesses, the Department of Finance (DOF) said yesterday.


The long-term effect of government direct lending in this specific sector of the credit market, according to Finance officials, would kill private initiative that have so far been successful at addressing micro-lending requirements.


                    [DatePublished] => 2006-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 197995
                    [Title] => GMA restores subsidy on government loans
                    [Summary] => The Arroyo administration has restored government subsidies on government loans, replacing an earlier directive with a new executive order that sets aside P1.22 billion for a lending program to be funded by government financial institutions.


The reversal of its long-stan-ding policy to avoid direct lending and government subsidies was dealt a deathblow by Executive Order No. 176 which effectively repeals Executive Order 138 that prohibited government interest rates subsidy on livelihood loans.


                    [DatePublished] => 2003-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
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ALLEVIATE POVERTY TRUST FUND

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                    [ArticleID] => 358951
                    [Title] => DOF bucks restoration of NG direct lending scheme
                    [Summary] => The restoration of the National Government’s publicly-funded direct lending program would ultimately kill existing micro-finance lending businesses, the Department of Finance (DOF) said yesterday.


The long-term effect of government direct lending in this specific sector of the credit market, according to Finance officials, would kill private initiative that have so far been successful at addressing micro-lending requirements.


                    [DatePublished] => 2006-09-20 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 197995
                    [Title] => GMA restores subsidy on government loans
                    [Summary] => The Arroyo administration has restored government subsidies on government loans, replacing an earlier directive with a new executive order that sets aside P1.22 billion for a lending program to be funded by government financial institutions.


The reversal of its long-stan-ding policy to avoid direct lending and government subsidies was dealt a deathblow by Executive Order No. 176 which effectively repeals Executive Order 138 that prohibited government interest rates subsidy on livelihood loans.


                    [DatePublished] => 2003-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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abtest

DOF bucks restoration of NG direct lending scheme

By Des Ferriols | September 20, 2006 - 12:00am

The restoration of the National Government’s publicly-funded direct lending program would ultimately kill existing micro-finance lending businesses, the Department of Finance (DOF) said yesterday. The long-term...

Business

GMA restores subsidy on government loans

By Des Ferriols | March 7, 2003 - 12:00am

The Arroyo administration has restored government subsidies on government loans, replacing an earlier directive with a new executive order that sets aside P1.22 billion for a lending program to be funded by government...

Business