Feb 11
FDCP FILM FUND: P18.3 M UNPAID LOANS by fapweb  |  Posted in Articles  |  on Fri, Feb 11, 2011

During a five-year period from 2006 to 2010, the Film Development Council of the Philippines extended loans through its Film Fund to 13 film projects that amounted to P43,197,008.

A status report on the Film Fund loans revealed that a balance of P18,367,158 is still unpaid as of January 21, 2011.

The Film Fund has a revolving fund of P25 million as of the year 2006.

The 13 films granted loans were the following:

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