Balud is a 4th class municipality in the province of Masbate, Philippines. According to the 2000 census, it has a population of 30,068 people in 5,547 households.
Balud is politically subdivided into 32 barangays.
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Panguiranan is a bustling village/barangay located in the east side of the Municipality of Balud.With the growing population and a thriving fishing area within the Asid Gulf, Panguiranan is considered to be a hub for small fisherman in selling their day's catch
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