DAR condones P1.1 B farmers’ debts

Quick Summary:

PRESIDENT Marcos and Agrarian Reform Secretary Conrado M.

Estrella III recently led the distribution of 26,285 Certificates of Condonation and Release of Mortgage (CoCRoM) to 21,496 Agrarian Reform Beneficiaries (ARBs) condoning a total of P1.164 billion in loans from three provinces in Cagayan Valley.

Meanwhile, DAR has also granted condonation to 1,483 agrarian reform beneficiaries (ARBs) from Bulacan, Aurora and Bataan, relieving them of paying debts related to the acquisition of CARP-awarded lands by the government.

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Article Details

Author / Journalist: Jonathan L. Mayuga

Category: BusinessStartups

Markets: Philippines

Topics: Covering Land Agrarian Hectares Total Reform Marcos Distributed Journalism Certificates Arbs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 12:37:30 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Mirror

News ID: 23828904

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