11 months Villar pushes coco levy fund measure Manilatimes |Biz
SEN. Cynthia Villar is bullish the vetoed coco levy fund bill, which ensures increased income for all coconut farmers, will be reconsidered for approval by President Duterte.
Sen. Cynthia Villar. PHOTO BY DJ DIOSINAThe measure, which seeks to create a P105-billion trust fund for coconut farmers, was vetoed by Duterte last February due to lack of “vital safeguards” for the returns and safety of the fund. However, Villar, chair of the Senate Agriculture and Food committee, is set to refile the bill with new provisions. She is confident the amended bill will be passed before yearend.
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