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BP 131 Section 28

Loan Agreements.

Section 28

SEC. 28. Loan Agreements.—Ministries, bureaus, offices or agencies shall in no case enter into foreign or domestic loan agreements, whether in cash or in kind, unless the whole amount of the loan component is covered by an obligational authority certifying to the availability of programmed appropriations, pursuant to LOI No. 880.

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Other provisions in BP 131

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationBP 131 Section 28 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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