Republic Act No. 2612

Full Title
AN ACT TO AUTHORIZE THE PRESIDENT OF THE PHILIPPINES TO NEGOTIATE AND CONTRACT WITH THE EXPORT AND IMPORT BANK OF TOKYO, JAPAN, OR WITH ANY OTHER FOREIGN FINANCIAL INSTITUTIONS OR FOREIGN MANUFACTURING CORPORATIONS OR THEIR DULY AUTHORIZED AGENTS, IN THE NAME AND ON BEHALF OF THE REPUBLIC OF THE PHILIPPINES, ONE OR SEVERAL LOANS, FOR THE PURPOSE OF FINANCING A NATIONWIDE TELECOMMUNICATIONS EXPANSION AND IMPROVEMENT PROJECT TO BE HANDLED BY THE BUREAU OF TELECOMMUNICATIONS AND TO GUARANTEE THE SAME FOR AND ON BEHALF OF THE REPUBLIC OF THE PHILIPPINES, AND FOR OTHER PURPOSES.
Date of Approval
July 20, 1959
Major Topic