Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. There is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, the sum of three hundred thirty-two thousand pesos to pay for the subscription of the Government of the Republic of the Philippines to the capital stock of the International Finance Corporation as authorized under Republic Act Numbered Sixteen hundred and four.

SEC. 2. This Act shall take effect upon its approval.

Approved, June 22, 1957.