Published July 6, 2021, 1:25 PM
The Philippine Coconut Authority (PCA) is not yet finished drafting the Coconut Farmers and Industry Development Plan (CFIDP), which will serve as the government’s ultimate guide in the distribution of the P100-billion coco levy fund and assets.
In the meantime, the agency launched the Coconut Farmers’ and Industry Roadmap (Coco-FIRM), which will serve as the foundation of a much detailed and longer CFIDP, of which the PCA is mandated to come up with under Republic Act No. (RA) 11524 or the Coco Levy Act.
In a phone interview, PCA Administrator Benjamin Madrigal clarified that Coco-FIRM is different from the CFIDP but will serve as the “backbone” for the latter.
IRR of portions of Coco Levy Law takes effect
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DBM says P6 49 billion from Bayanihan 2 unused as law expires
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Published June 28, 2021, 12:45 PM
The Philippine coconut industry is urging the government to act on the long-delayed increase in the coco-biodiesel blend to 5 percent of all diesel sold at the pumps as this is crucial to helping farmers amid hard times wrought by the pandemic.
The Philippine Coconut Authority (PCA) had assured that there is more than enough feedstock supply and the move will benefit farmers.
The Philippine Biodiesel Association (TPBA), the country’s leading group of biodiesel stakeholders and advocates, said the industry has always supported the local coconut farmers’ welfare.
It noted that, “there is a 5 centavos per liter lien contributed by every CME producer to the Department of Labor and Employment’s Social Amelioration and Welfare Program. This funds the livelihood and training programs for coconut farmers and biodiesel workers.”
PhilHealth pushes up gov t subsidies in May – Manila Bulletin
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