The President is predisposed to grant a year-long moratorium on the payment of amortization and interest by agrarian reform beneficiaries under the Comprehensive Agrarian Reform Program law.

However, it could set dangerous precedent if enforced through an executive order signed by FM Jr.

Most people tend to compare administrations with one another, even worry of "twists and turns" in the policy domain when a new leadership takes over the reins of power. Often, governance takes the wrong turn and bureaucratic behavior alters or entirely disavows a prevailing status quo.

The CARP law or Republic Act 6657 (June 1988) alone repealed specific sections of RA 3844 (August 1963); Presidential Decree 316 (October 1973); PD 946 (June 1976); and PD 1038 (October 1976). Sadly, the policymaking landscape offers little incentive for scholars to do high level research toward the best formulation of public policy away from the oftentimes myopic view of politicians.

Interestingly, the moratorium is called many names — an "amortization freeze; loan condonation; debt burden; recovery plan" and its perceived impact as neither good for ARBs nor for government.

Reason being simple, land reform (i.e., "land for the landless") is being laid out as mere political platform by one regime after another.

Ordinarily, only an amendatory bill passed into law can amend the specific section of the CARP law. Outside this parameter, the strength of an EO over that of the RA might be akin to putting the cart before the horse.

The policymaking power of the Executive and the Legislative is not normally known to come in collision course nor should one overtake the other along policy lanes. In policymaking, it can happen that the cure becomes worse than the illness.

While it is commendable for government to relieve ARBs of fiscal burden through a moratorium on their CARP payments due to the pandemic, it would bring about some negative repercussions, viz:
One, a new EO or RA that imposes no obligation on the ARBs betrays the very concept upon which the CARP law is built. If it happens, Land Bank no longer has to recover from ARBs their 30 annual amortization plus interest, which translates into "foregone revenues" or losses.