A RANKING official of the Department of Agrarian Reform (DAR) on Wednesday said that the government will lose at least P1 billion in annual revenues with the implementation of one-year moratorium on land amortization and interest payments of agrarian reform beneficiaries (ARBs) for agricultural lands distributed under the Comprehensive Agrarian Reform Program (CARP).

In a radio interview, DAR Undersecretary Marilyn Barua-Yap added that at least 655,000 ARBs will benefit from the Executive Order (EO) 4 signed by President Ferdinand 'Bongbong' Marcos Jr.