Philippine govt can now tap coco levy fund to help coconut farmers


Coconut farmers in the village of Robocon in Linamon, Lanao del Norte province. - PDI

MANILA (Philippine Daily Inquirer/Asia News Network): Just weeks before ending his term, President Rodrigo Duterte issued an executive order that will pave the way for the government to finally tap the multibillion-peso coco levy fund to revive and modernize the country’s coconut industry.

On June 2, Duterte signed Executive Order (EO) No. 172, or the Coconut Farmers and Industry Development Plan (CFIDP), to serve as basis in using the P75-billion coco levy fund through various programmes and projects.

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Philippines , coconut , farmers , levy , fund

   

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