Section 1
SECTION 1. There is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, such amounts as may be necessary to effect payments on foreign or domestic loans, or foreign or domestic loans whereon creditors make a call on the direct and indirect guarantee of the Republic of the Philippines, obtained by: a. the Republic of the Philippines the proceeds of which were relent to government-owned or controlled corporations and/or government financial institutions; b. government-owned or controlled corporations and/or government financial institutions the proceeds of which were relent to public or private institutions; c. government-owned or controlled corporations and/or financial institutions and guaranteed by the Republic of the Philippines; d. other public or private institutions and guaranteed by government-owned or controlled corporations and/or government financial institutions.