AGRARIAN Reform Secretary Conrado Estrella 3rd and Land Bank of the Philippines President and Chief Executive Officer Cecilia Borromeo on Wednesday formally signed the implementing rules and regulations (IRR) on the one-year moratorium on land amortization and interest payments of agrarian reform beneficiaries (ARBs).
It could be recalled that President Ferdinand "Bongbong" Marcos Jr. had signed Executive Order 4 on his 65th birthday on September 13 imposing a one-year moratorium on the land amortization and interest payments of farmer beneficiaries of the Comprehensive Agrarian Reform Program (CARP).
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