Inquirer
Tolentino: 7,000 Mindanao farmers receive P289M debt condonation
Senator Francis Tolentino led the distribution of 8,722 loan condonation certificates to 7,225 agrarian reform beneficiaries (ARBs) in Mindanao, condoning P289 million in unpaid debts tied to their farmlands.
Tolentino described the debt condonation as the "best Aguinaldo" or Christmas gift from the Marcos administration for the farmers.
The distributed certificates cover 12,227 hectares of agricultural lands and are a fulfillment of the government's promise to empower farmers.
This initiative is part of Republic Act No. 11953, also known as the New Agrarian Reform Emancipation Act, signed by President Marcos in 2023.
The ceremony was held at the Agusan del Sur provincial capitol complex and was attended by Governor Santiago Cane Jr. and DAR Undersecretary Amihilda Sangcopan.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
More than 5,000 agrarian reform beneficiaries (ARBs) in Negros Oriental have benefited from a PHP692 million loan condonation program implemented by the Philippine government in 2024.
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Over 5,200 agrarian reform beneficiaries (ARBs) in Iloilo and Guimaras have been freed from P314.66 million in debts through the release of Certificates of Condonation with Release of Mortgage (CoCRoM).
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