BACOLOR, Pampanga — President Ferdinand Marcos Jr. on Thursday led the distribution of Certificates of Condonation with Release of Mortgage (COCROMs) to agricultural reform beneficiaries (ARBs) in this province, freeing them from P206.38-million land amortization.
In a ceremony held at the Don Honorio Ventura State University in Bacolor, Marcos spearheaded the awarding of 2,939 COCROMs to 2,487 ARBs.
Article continues after this advertisementThirty Certificates of Land Ownership Awards were also awarded to 28 ARBs to solidify their ownership of the lands they till.
FEATURED STORIES NEWSINFO House probe retraces bulk withdrawals of confidential funds NEWSINFO House approves bill that promotes hiring of seniors NEWSINFO INQToday: Clemency for Mary Jane Veloso? Marcos says ‘everything is on the table’The distribution of COCROMs is mandated by Republic Act No. 11953, or the New Agrarian Emancipation Act, which frees the ARBs from paying loans and other debts related to their land.
“May our offering today serves as an inspiration for a new chapter in your lives, where not only you and your family will progress — even the whole country will be with you in your success,” Marcos said.
Article continues after this advertisement“This is my appeal: Let us unite in planting the seeds of hope for the New Philippines,” he added.
Article continues after this advertisementMeanwhile, during his 8th meeting with the Private Sector Advisory Council – Agriculture Sector in Malacañang on Wednesday, Marcos urged state universities and colleges to shift the focus of agriculture students to seed production to help boost agricultural productivity in the country.
“The farmers can take care of the actual growing of seedlings. These new agronomists, agriculturists, can be [the] ones doing seed production,” he said.
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