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The Central Bank sold securities to increase government liquidity and promote private investment. In the 1950s, Republic Act 1000 authorized the President to issue bonds to finance public works and projects for economic development. One of the first beneficiaries was the Manila Railroad CompanyImage type: Reproduction
Item type | Current library | Collection | Call number | Status | Barcode | |
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Filipinas Heritage Library | Retrato - Specific Subjects | SS00665 (Browse shelf(Opens below)) | Not for loan | SS00665 |
The Central Bank sold securities to increase government liquidity and promote private investment. In the 1950s, Republic Act 1000 authorized the President to issue bonds to finance public works and projects for economic development. One of the first beneficiaries was the Manila Railroad Company.
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