[ FIRB RESOLUTION NO. 13-11, December 08, 2011 ]

APPROVING THE APPLICATION FOR TAX SUBSIDY OF THE PHILIPPINE NATIONAL RAILWAYS (PNR) IN THE AMOUNT OF TWO HUNDRED NINETY SIX MILLION THREE HUNDRED TWENTY SEVEN THOUSAND EIGHT HUNDRED FIFTY SIX AND 50/100 PESOS (P296,327,856.50)^*