THE Department of Justice (DOJ) has declared that proceeds from the disposition of coconut levy assets should be remitted not to the national government (NG) but to the Coconut Farmers and Industry Trust Fund (CFITF). A 5-page legal opinion signed “for the Secretary of Justice” by Undersecretary Raul T. Vasquez…
Fong sought DoJ’s confirmation of CFITF’s position that the dividends and/or proceeds of disposition of the Coconut Levy Assets should be remitted to the trust
World leaders are gathered in Doha, Qatar, for a major UN conference seeking to accelerate sustainable development where international assistance is most needed to unlock the full potential of the world’s most vulnerable countries and help put them on the path towards prosperity. Three years after the world began its epic struggle against COVID-19, the least […]
He said that the global financial system, created by wealthy countries to serve their own interests, is extremely unfair to LDCs, who must pay interest rates that can be eight times higher than those in developed countries.