President Ferdinand R. Marcos Jr. distributed 4,663 Certificates of Condonation with Release of Mortgage (COCROMs) to 3,527 Agrarian Reform Beneficiaries (ARBs) from various municipalities of Tarlac.

The Certificates of Condonation will free ARBs from their debts. An ARB may receive more than one COCROM since he can receive more than one Certificate of Land Ownership Award (CLOA) depending on the technical description of the land.

“Ito ay katumbas ng higit isang daan at dalawampu’t apat na milyong pisong halaga na amortisasyon na buburahin na natin,” President Marcos said in his speech during the distribution event on Monday in Paniqui, Tarlac.

The President said his administration is committed to working and aiding the ARBs amid all the challenges they face.

“Nandito kami at patuloy na nakikinig sa inyong mga pangangailangan upang magkaroon kayo ng mas maginhawa at mas matatag na kinabukasan,” the President said.

President Marcos also requested the ARBs to make their lands productive, not only for their own good but for the benefit of the whole nation.

“May isa lamang akong hiling sa inyo: kaakibat ng mga biyayang ito ay ang responsibilidad na pagyamanin pa ang ating mga lupa, hindi lamang sa ika-uunlad ninyo, kung hindi para sa buong Pilipinas,” he said.

The distribution of COCROMs is part of the implementation of the New Agrarian Emancipation Act which condoned a total of PhP 124.64 million in debt owed by the Tarlac farmers. | PND