SEC. 2. The President of the Philippines is hereby authorized to negotiate and contract with the Internal Bank for Reconstruction and Development, in the name on behalf of the National Power Corporation, one or loans, for the purpose of assisting in the reconstruction, or promoting the development, of the economy country.
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
CitationRA 357 Section 2 (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).