Kiko Pangilinan raises concern about coco levy fund underutilization

MANILA, Philippines — Sen. Francis “Kiko” Pangilinan has flagged what he described as the continued underutilization of the Coconut Farmers and Industry Trust Fund, noting that many coconut farmers still earn as low as P200 per day.  During the hearing of the Senate panel on agriculture, food, and agrarian reform, Pangilinan said that billions of pesos from the fund meant to support coconut farmers remain unused.  “What’s the point of all these billions being spent if their incomes do not improve and they are still earning P200 a day? It;s nonsense, right?” Pangilinan said, as quoted in a press release. […]...

Keep on reading: Kiko Pangilinan raises concern about coco levy fund underutilization