By virtue of the powers vested in me by the Constitution and the laws of the Philippines, I, SERGIO OSME A, President of the Philippines, do hereby declare, for the purpose of the debt moratorium established by Executive Order No. 25, dated November 18, 1944, as amended by Executive Order No. 32, dated March 10, 1945, that the Provinces of Antique, Bataan, Batangas, Bohol, Bulacan, Capiz, Cavite, Cebu, Iloilo, La Union, Marinduque, Masbate, Mindoro, Negros Occidental, Negros Oriental, Nueva Ecija, Palawan, Pampanga, Pangasinan, Rizal, Samar, Tarlac, and Zambales have been freed from enemy occupation and control as of the date of this Proclamation, and that the debt moratorium will not apply to debts and monetary obligations contracted in said provinces after the date of this Proclamation.

Done at the City of Manila, this 30th day of May, in the year of Our Lord, Nineteen Hundred and Forty-Five, and of the Commonwealth of the Philippines, the tenth.


By the President:
(Sgd.) JOSE S. REYES
Secretary to the President