Agrarian reform tackled in 4th Cabinet meeting | Inquirer News
Close  

Agrarian reform tackled in 4th Cabinet meeting

/ 07:00 PM August 05, 2022
Agrarian reform tackled in 4th Cabinet meeting

President Ferdinand “Bongbong” Marcos Jr. led the fourth Cabinet meeting in Malacañang where he led discussions on programs for agrarian reform beneficiaries in the country. (Photo from Office of the President)

MANILA, Philippines — Issues and programs in the agrarian reform sector were tackled during Friday’s Cabinet meeting–the fourth one since the beginning of the Marcos administration.

President Ferdinand “Bongbong” Marcos Jr. led the fourth Cabinet meeting in Malacañang, where he led discussions on programs for agrarian reform beneficiaries in the country.

ADVERTISEMENT

“The President and his Cabinet discuss how the government can aid agrarian reform beneficiaries by implementing projects and programs such as crafting a proposed bill on the condonation of payments for the amortization fees and interests on ARB (agrarian reform beneficiary) loans, providing legal help for land disputes, and giving modern farm equipment and credit assistance,” the Office of the President said in a tweet.

In his first State of the Nation Address, Marcos said he would order a one-year moratorium on land amortization and interest payments to help unburden farmers and help them focus on their productivity.

The President said he intends to issue an executive order for this initiative.

Marcos likewise said the loans and financial assistance for farmers and fishermen would be an “institution” in his administration.

Aside from institutionalizing loan programs, Marcos also vowed that the government would seek to provide cheaper farm inputs, fertilizers, pesticides, seeds, and feeds while modernizing the agriculture and livestock industry through science and technology.

RELATED STORIES:

Day of the Landless: The failed promises of land reform in PH

Bongbong Marcos focus: Revive economy, help farmers

JMS/abc

Subscribe to our daily newsletter


Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: agrarian reform, agrarian reform beneficiaries (ARBs), Bongbong Marcos, Cabinet meeting
For feedback, complaints, or inquiries, contact us.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.