Duterte wants coconut farmers' trust fund 'soonest possible time'

ABS-CBN News

Posted at Jul 23 2018 06:28 PM | Updated as of Jul 24 2019 12:14 PM

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President Rodrigo Duterte on Monday urged lawmakers to pass a bill establishing the coconut farmers' trust fund "at the soonest possible time."

"Our coconut farmers form a significant part of the basic sectors of our society. It is by the toil of their hands that we put food on the table," he said during his third State of the Nation Address as he urged the houses of Congress to convene the bilateral conference committee on this measure. 

The House of Representatives last year approved on final reading its measure seeking to consolidate all assets and benefits emanating from the coconut levy and create a Trust fund therefrom for the exclusive benefit of coconut farmers and farm workers as embodied in the Coconut Farmers Development Plan.

A similar bill hurdled the Senate earlier this year.