BP 40 Section 14

Proceeds from Economic Assistance.

Section 14

SEC. 14. Proceeds from Economic Assistance.—Proceeds from economic aid derived from the Military Bases Agreement shall accrue to the General Fund and shall be made available to finance the Bagong Lipunan Improvement of Sites and Services (BLISS) Program, [school building program, and for other priority projects that may be approved by the President (Prime Minister).

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Other provisions in BP 40

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 40 Section 14 (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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