Bill Type
Long Title
AN ACT APPROPRIATING P40 BILLION IN ADDITIONAL CAPITAL FOR THE BANGKO SENTRAL NG PILIPINAS AND FOR OTHER PURPOSES
Date filed
July 16, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01051 | |
| FULL TITLE : AN ACT APPROPRIATING P40 BILLION IN ADDITIONAL CAPITAL FOR THE BANGKO SENTRAL NG PILIPINAS AND FOR OTHER PURPOSES | |
| ABSTRACT : INCREASES the capitalization of the Bangko Sental ng Pilipinas from [Ten Billion Pesos (P10 B)] to FIFTY BILLION PESOS (P50 B) to enable the Central Monetary Authority to maintain stability in the banking sector of the country, particularly in controlling inflation. | |
| PRINCIPAL AUTHOR/S : AUMENTADO, ERICO B. | |
| DATE FILED : 1998-07-16 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 1998-07-30 |
Abstract
INCREASES the capitalization of the Bangko Sental ng Pilipinas from [Ten Billion Pesos (P10 B)] to FIFTY BILLION PESOS (P50 B) to enable the Central Monetary Authority to maintain stability in the banking sector of the country, particularly in controlling inflation.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.