IKOT.PH
Senator Cynthia Villar welcomed President Ferdinand Marcos Jr. signing into law of a bill condoning loans of farmers and agrarian reform beneficiaries (ARBs). The President signed Republic Act No.11953 or the New Agrarian Emancipation Act, which condones all principal and interests of loans of 610,054 ARBs arising from the award of agricultural lands under the […]
Hundreds of thousands of farmers will now have extra resources to spend on food, education, shelter, wellness and other family expenses that they would otherwise forego as Republic Act (RA) No. 11953, or the New Agrarian Emancipation Act, gave them a clean slate by condoning their P57.56 billion debt.Speaker Martin Romualdez said over 600,000 agrarian […]
AGRI Party-list Rep. Wilbert T. Lee hailed the New Agrarian Emancipation Act to be signed on Friday by President Ferdinand “Bongbong” Marcos, Jr. as a win for farmer-beneficiaries, who will now be unburdened of their obligations to the government for parcels of land they received under the Comprehensive Agrarian Reform Law of 1988. Lee on […]
Senator Lito Lapid expressed his delight over the passage of Senate Bill No. (SBN) 1850, or the “New Agrarian Emancipation Act” on its third and final reading. The bill aims to condone all loans including interests, penalties, and surcharges arising from the award of agricultural lands under the Comprehensive Agrarian Reform Program (CARP) as of […]