Calvo vetoes GEDA loan bill - KUAM.com-KUAM News: On Air. Online. On Demand.

Calvo vetoes GEDA loan bill

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by Sabrina Salas Matanane

Guam - Only one measure was vetoed by the governor today, that was Bill 36 authored by Senator Ben Pangelinan. The legislation would establish a program that the Guam Economic Development Authority would administer to provide grants and loans to small and mid-size businesses adversely affected by the government's road construction projects.

Governor Eddie Calvo said GEDA is already actively operating its community outreach program to promote these micro-loans it is offering to all businesses currently affected by road construction, especially those businesses near the tri-intersection in Barrigada.

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