Development Bank of the Philippines Act

The Development Bank of the Philippines Act establishes a government-owned bank aimed at financing economic development projects in the Philippines. It provides funding for agriculture, infrastructure, and social programs to promote economic growth and improve living standards. The bank supports small and medium enterprises, fosters innovation, and contributes to regional development. By offering loans and financial services, it plays a crucial role in stimulating investment and enhancing the country's overall economic progress while adhering to government policies and priorities.