The bill lets the President borrow up to US$1 billion for a single defense project, requires Monetary Board approval for foreign loans, keeps congressional funding for the AFP modernization program, and bans borrowing from countries with territorial disputes or conflicting strategic interests.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB08059. Status changes over time; check the link for the latest.
HB08059 · Sources: BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.