^
+ Follow ERAP BONDS Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 99202
                    [Title] => Gov't mulls special fund for distressed firms
                    [Summary] => 

The government is considering the creation of a multi-billion peso special "competitiveness" fund to assist distressed companies that are temporarily experiencing liquidity problems, Finance Secretary Jose Pardo said yesterday.

Pardo said the government would issue Erap Bonds through the National Development Co. (NDC) to raise the money for this facility. Malacañang gave NDC the go-signal to issue P50-billion bonds last year. So far, the NDC has issued only P5 billion, the proceeds of which were supposed to be used for lending to agri-related industries. [DatePublished] => 2000-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1197311 [AuthorName] => by Jun Ebias [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 99206 [Title] => Gov't to earmark P2 B of Erap Bonds for aggie [Summary] =>

The government is planning to use P2 billion of the Erap Bonds as seed fund for the Farmers Trust Guarantee Fund (FTGF) to finance projects for farm production and integrated agro-processing facilities with the state-owned Quedan Guarantee Fund Corp. (Quedancor) as fund manager.

The proposal was presented to the Economic Mobilization Group (EMG) and was now under consideration by the National Development Co. [DatePublished] => 2000-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

ERAP BONDS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 99202
                    [Title] => Gov't mulls special fund for distressed firms
                    [Summary] => 

The government is considering the creation of a multi-billion peso special "competitiveness" fund to assist distressed companies that are temporarily experiencing liquidity problems, Finance Secretary Jose Pardo said yesterday.

Pardo said the government would issue Erap Bonds through the National Development Co. (NDC) to raise the money for this facility. Malacañang gave NDC the go-signal to issue P50-billion bonds last year. So far, the NDC has issued only P5 billion, the proceeds of which were supposed to be used for lending to agri-related industries. [DatePublished] => 2000-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1197311 [AuthorName] => by Jun Ebias [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 99206 [Title] => Gov't to earmark P2 B of Erap Bonds for aggie [Summary] =>

The government is planning to use P2 billion of the Erap Bonds as seed fund for the Farmers Trust Guarantee Fund (FTGF) to finance projects for farm production and integrated agro-processing facilities with the state-owned Quedan Guarantee Fund Corp. (Quedancor) as fund manager.

The proposal was presented to the Economic Mobilization Group (EMG) and was now under consideration by the National Development Co. [DatePublished] => 2000-05-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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