SECTION 41. Loan Proceeds. Expenditures funded from foreign or domestic borrowings shall be provided for in full within the expenditure program of the agency concerned. Loan proceeds shall not be used without the corresponding release of funds through a Special Budget pursuant to C.A. No. 246 (as amended).
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
CitationPD 1050 Section 41 (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).
