Read this in The Manila Times digital edition.
EVEN with overwhelming support from the "supermajority" blocs in the Senate and the House of Representatives, President Ferdinand Marcos Jr. succeeded in getting Congress to pass only one out of the more than 20 priority bills that he mentioned in last year's State of the Nation Address (SONA).
This was Republic Act (RA) 11953, which condones more than P58 billion worth of loans of 654, 000 agrarian reform beneficiaries. The new law writes off "all principal loans, unpaid amortization and interests, and exempting payment of estate tax" on 1.18 million hectares of agricultural lands awarded under the Comprehensive Agrarian Reform Program (CARP).
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