Tag: coconut levy

Senator Villar sees no conflict between Sandiganbayan ruling and bill creating trust fund for coconut farmers

(Eagle News)–For Senator Cynthia Villar, there is no conflict between a bicameral conference-approved bill creating a trust fund for coconut  farmers, and the Sandiganbayan ruling that ruled coco levy funds were owned by the government. According to Villar, chair of the Senate committee of agriculture and food, the “cash and the assets from Coconut Farmers and Industry Trust Fund” amounting to about P105 billion under the measure “will be distributed to coconut farmers at the rate […]

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Duterte wants trust fund for coconut farmers “at soonest possible time”

(Eagle News) — President Rodrigo Duterte on Monday, July 23, urged Congress to pass a bill establishing a trust fund for coconut farmers “at the soonest possible time.” “Our coconut farmers form a significant part of the basic sectors of our society. It is by the toil of their hands that we put food on the table,” he said. In March, the Senate passed on third and final reading a measure that would create the […]

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