Marcos Jr. Greenlights Sovereign Guarantee to Fund Public Housing Initiative
Wednesday, 7 August 2024, 06:56
Introduction
President Marcos Jr. has taken decisive action by approving a proposed sovereign guarantee.
Key Details of the Sovereign Guarantee
- The guarantee will cover P1.65 trillion needed for public housing.
- Aimed at supporting the completion of 1.2 million housing units.
- Expected to address the growing demand for affordable housing.
Conclusion
This initiative marks a significant step forward in bolstering the housing sector and meeting the needs of the population.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.