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

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Escudero: “This is the best time to use the coco levy funds to help our coconut farmers and the industry, and provide a shot in the arm, so to speak, that is necessary to revitalize the sector.' | CMRamosINQ

According to the former senator, the funds can only be utilized once the industry roadmap is approved to cover the development of hybrid coconut seed farms; training and capacity building; scholarships; research, marketing, and promotion; crop insurance; empowerment of coconut farmer organization and their cooperatives; credit programs; infrastructure development; and a health and medical program for farmers and their families, among others.

“Pinadapa ni Odette ang marami nating kababayan, kabilang ang mga magsasaka ng niyog. Kagyat na tulong ang kailangan upang mabilis na makabangon at pati na rin pondo upang buhaying muli at ayusin ang kanilang mga taniman,” Escudero continued. Escudero said the PCA released P2.95 million to assist coconut farmers in Surigao; P1 million in Dinagat Island; and P1 million in Southern Leyte intended to provide short gestation crops and small ruminants to provide food for the families of the farmers and for the consuming public, support the incentivized and participatory planting and replanting project, as well as fertilizers to rehabilitate damaged coconut trees.

 

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