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NEA: ECs can apply for short-term loans from banks
This February 17, 2020 file photo shows National Electrification Administrator Edgardo Masongsong. (TMT file photo) Electricity cooperatives (EC) are allowed to seek short-term loans from banks to mitigate the negative impact of coronavirus disease 2019 (Covid-19) on their operations, the National Electrification Administration said on Tuesday. (NEA). According to NEA administrator Edgardo Masongsong, the country’s …