Rama assures Cebu City residents: SRP loan to be fully paid this year

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Cebu City Mayor Rama promises that the remaining balance of the loan of the South Road Properties or the SRP will be fully paid this year.

South Road Properties CDN Digital photo | Brian J. Ochoa

The mayor has ordered the City Accounting Office and City Treasurer’s Office to complete the documentary requirements for the full repayment of the loan. The City Treasurer’s Office said it will be asking a supplemental budget for an allocation of the remaining balance so it can be repaid this year.

 

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