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Home » PCAF optimistic over Pres. Duterte’s direction on Coconut Farmers and Industry Trust Fund

PCAF optimistic over Pres. Duterte’s direction on Coconut Farmers and Industry Trust Fund

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QUEZON CITY, Aug. 2 –In his 5th State of the Nation Address (SONA) on July 27, 2020, President Rodrigo Duterte finally urged the House of Representatives (HOR) and the Senate to pass a bill on the Creation of the Coconut Farmers and Industry Trust Fund, from the Coconut Levy Fund.

QUEZON CITY, Aug. 2 –In his 5th State of the Nation Address (SONA) on July 27, 2020, President Rodrigo Duterte finally urged the House of Representatives (HOR) and the Senate to pass a bill on the Creation of the Coconut Farmers and Industry Trust Fund, from the Coconut Levy Fund.

I think, the Congress should look again and try to sort out how the money can be (best) utilized. I once again urge both houses of the Congress to pass a version of the bill establishing the Coconut Farmers Trust Fund, said President Duterte.

A year ago, coconut farmers and stakeholders came up with a unified and harmonized position on the utilization and management of the Coconut Levy Fund during the First National Coconut Summit, organized by the Philippine Council for Agriculture and Fisheries (PCAF) and the Philippine Coconut Authority (PCA).

See full article at Philippine Information Agency

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