Philippines House Passes Bill Condoning Agricultural Loan Penalties

The House of Representatives approved on final reading a measure to write off unpaid interests, penalties, and surcharges on agricultural loans for farmers, fisherfolk, and agrarian reform beneficiaries.

2 Sept, 14:17 — 2 Sept, 14:17

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inquirerMostly Factual2d ago

House bill condoning agri loan penalties passed on final reading

MANILA, Philippines — A bill seeking to condone and write off unpaid interests, penalties, and surcharges on agricultural loans of farmers, fisherfolk, and agrarian reform beneficiaries was approved on final reading by the House of Representatives on Wednesday. With 256 affirmative votes, zero abstentions, and zero negative votes, House Bill No. 10750, also known as

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Philippines House Passes Bill Condoning Agricultural Loan Penalties

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House bill condoning agri loan penalties passed on final reading

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