P57-billion land reform law best so far by Congress | Inquirer News
PAT ON THE BACK

P57-billion land reform law best so far by Congress

/ 05:40 AM July 06, 2023

P57-billion land reform law best so far by Congress

Albay 2nd District Rep. Joey Salceda (Photo from his official website)

MANILA, Philippines — Mostly unheralded, the enrolled bill on the New Agrarian Emancipation Act of 2023 that is set to be signed on Friday may just be the Marcos administration’s “best and biggest accomplishment” in its first year, lawmakers said on Wednesday.

“This will be the hallmark of the Marcos administration’s inaugural year in office. It’s historic in scale, in world view, and in what it will bring to the people,” Albay Rep. Jose Ma. Salceda, chair of the ways and means committee of the House of Representatives, said in a statement.

Article continues after this advertisement

Sen. Cynthia Villar, chair of the Senate agriculture committee, said the bill, which is among President Marcos’ legislative priorities, involves almost two million hectares of farmland with P57.557 billion in troubled debt of more than 600,000 farmers.

FEATURED STORIES

This includes unpaid amortization, interest, surcharge and penalties of existing loans secured under the Comprehensive Agrarian Reform Program and mandates the Department of Agrarian Reform to issue a certificate of land ownership award or any other title as provided by law.

The law also provides for the lifting of all mortgage liens in favor of the national government.

Article continues after this advertisement

Salceda also called the measure an “important step toward rural and agrarian justice,” given that “more than 69 percent of poverty in this country is rural.”

Article continues after this advertisement

Frankly, I don’t know [how] we ever expected farmers without capital, networks, infrastructure and economic power to succeed in tilling land. We should have done more to provide agrarian support. And we should not have tied them to the land,” Salceda said.

For AGRI party-list Rep. Wilbert Lee, a principal author of the House’s version of the bill, farmers will be “unburdened of their loans, interests, and penalties that contribute to their inability to overcome poverty and are also major factors that have kept them from becoming fully productive.”

RELATED STORIES

Bill writing off land reform debts awaits Marcos OK

EO suspends loan payments of land reform beneficiaries

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

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: 19th Congress, Joey Salceda, Land Reform, New Agrarian Reform Emancipation Act

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.