Cagayan de Oro OKs P8.5-B city hall loan despite infra backlog

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CAGAYAN DE ORO CITY — Despite glaring backlogs in local infrastructure, the City Council has officially authorized the local government to secure a P8.5 billion loan for a sprawling new government complex. The measure passed the council on Monday, with 15 councilors voting in favor, three voting against, and one abstention. This decisive approval overrides
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