MANILA (Vietnam News/ANN): Philippine President Ferdinand Marcos Jr on Friday night (July 7) signed into law a reform measure that writes off about US$1.04 billion of debts owed by more than 600,000 farmers to help them boost production.
The New Agrarian Emancipation Act freed the farmers tilling more than 1.7 million hectares of land from land-related arrears that they owed since 1988 but cannot pay.
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