The mass registration of coconut farmers who will benefit from the forthcoming release of the P100-billion coco levy fund will be a continuous process. And the Philippine Coconut Authority (PCA) must issue a formal clarification on this matter to ease the anxiety among farmers who are not yet part
Groups of coconut farmers fear another scam might happen in the process of the Philippine government’s implementation of the Coco Levy Act, the law that should pave the way for the release of the P100 billion worth of funds and assets collected through the infamous coco levy fund scam more than 40 y
Less than two weeks before the deadline of mass registration of coconut farmers, the Philippine Coconut Authority (PCA), the lead agency tasked to implement the Coconut Farmers and Industry Trust Fund Act or Coco Levy Act, is now 41 percent complete in the validation of the National Coconut Farmers
Published April 11, 2021, 12:12 AM
The recent enactment of Republic Act 11524, also known as the Coconut Famers and Industry Trust Fund Act (or Coco Levy Act) brings into sharp focus the significance of the coconut industry. “Can we call the coconut industry a sleeping giant?” inquired Agriculture Secretary William Dar in an essay he wrote in late 2019. His answer: “It is the third most dominant crop, after rice and corn. While the productivity of rice and corn has been steadily increasing, the country’s coconut farms need a shot in the arm.”
Secretary Dar’s shot in the arm analogy assumes greater realism amid the economic doldrums brought on by the COVID-19 pandemic.
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