Escudero: Tap P75 billion coco levy fund to help farmers in areas hit by ‘Odette’

MANILA, Philippines — Sorsogon Gov. Francis Escudero on Thursday said the government should hasten the approval of the Coconut Farmers and Industry Development Plan (CFIDP) in order to free up P75 billion in levy funds to assist coconut farmers and rehabilitate their lands ravaged by Typhoon Odette (international name: Rai) last month.

“Umaasa tayo na ang CFIDP ay agad na maaprubahan bilang napakalaking tulong nito sa mga magsasaka sa industriya ng niyog lalo na sa panahong ito na may kailangan ding paglaan ang pamahalaan ng pondo para sa giyera laban sa pandemya,” Escudero said in a statement.

“This is the best time to use the coco levy funds to help our coconut farmers and …

Keep on reading: Escudero: Tap P75 billion coco levy fund to help farmers in areas hit by ‘Odette’

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