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RA 11953

RA 11953
The New Agrarian Emancipation Act, signed into law by President Ferdinand Marcos Jr. in July 2023, has been implemented across the Philippines to condone unpaid land amortizations for agrarian reform beneficiaries. This act provides financial relief and debt forgiveness to farmers, allowing them to focus on cultivating their lands without financial burdens. The initiative aims to empower farmers and promote inclusive rural development, benefiting over 600,000 farmers and writing off P57.56 billion in land-related debts.
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This is an AI-generated summary based on recent coverage. It was last updated on Sat, August 2, 2025 at 4:14 PM

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