Tag: Vital safeguards

Duterte on why he vetoed coco levy bill: Measure lacks “vital safeguards”

(Eagle News)–President Rodrigo Duterte said he vetoed the measure creating a trust fund for coconut farmers because it was “lacking in vital safeguards to avoid a repetition of painful mistakes committed in the past.” The President gave this explanation in a letter to Congress on Feb. 14, after the Palace confirmed he had vetoed the measure that established the P100-billion trust fund. According to Duterte,  the establishment of an “effectively perpetual” trust fund would violate […]