The Overseas Filipino Countryside Development Fund – Local Government BondsPrint
Local Government Unit Bonds (LGU Bonds) are a way for the country’s towns, cities and provinces to raise funds for needed infrastructure and income-generating projects. Some priority projects identified are mass housing, mass transport systems, ferry terminals, slaughterhouses, waste disposal systems. Diaspora investors earn from the interest on the bonds, as well as can overlook local governments’ performance closely.
• Identify hometown projects
• Local government units
Partnering for addtional finances