Noticias de dinero

Moratorium on land loans will benefit 500,000 ARBs

Agrarian Reform Minister Conrado Estrella 3rd said more than half a million Agrarian Reform Beneficiaries (ARBs) are expected to benefit from a one-year moratorium on land depreciation payments and the corresponding 6 percent annual interest. Estrella said the depreciation and interest suspension applies to 1.18 million hectares of agricultural land provided by the 654,000 ARB.