Continued Negotiations for a $110 Million Loan from the Saudi Arabia Development Fund
Letter of Instructions No. 1230, issued on May 1, 1982, directs the Ministers of Labor and Employment and Planning to negotiate a $110 million loan from the Saudi Arabia Development Fund. The purpose of the loan is to establish training centers for the Muslim population in specific regions of the Philippines, including Zamboanga, Dipolog, Marawi, Cotabato, and Sulu. The Ministers are required to report on the progress of this directive within 30 days. This initiative aims to enhance employment opportunities and skills development for Muslim workers in the country.
Law Information
- Reference Number
- Letter of Instructions No. 1230
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
May 1, 1982
LETTER OF INSTRUCTIONS NO. 1230
| TO | : | The Minister of Labor and Employment |
| The Minister of Planning | ||
| SUBJECT | : | Directing Continued Negotiations for a $110 Million Loan from the Saudi Arabia Development Fund |
In order to expand training opportunities for the Muslim population, you are hereby directed to pursue negotiations towards securing a $110 M. loan from the Saudi Arabia Development Fund. This loan is specifically being sought to set up training centers in Zamboanga, Dipolog, Marawi, Cotabato and Sulu for Muslim workers.
You are to submit a report on the implementation of this directive within thirty (30) days.
DONE in the City of Manila, Philippines, this 1st day of May, in the year of Our Lord, Nineteen Hundred and Eighty-Two.
Cite This Law
Continued Negotiations for a $110 Million Loan from the Saudi Arabia Development Fund, Letter of Instructions No. 1230, May 1, 1982 (Philippines)
Continued Negotiations for a $110 Million Loan from the Saudi Arabia Development Fund, Letter of Instructions No. 1230 (Phil. 1982)
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