The government is reviewing Republic Act 11524, the Coconut Farmers and Industry Trust Fund Act, to consider possible amendments aimed at further developing the coconut industry, President Ferdinand R. Marcos Jr. announced during a visit to a coconut plant in General Santos City.
The proposed changes seek to enhance programs that accelerate coconut planting and expansion, supporting the livelihood of coconut farmers.
Marcos has directed the Department of Agriculture, the Department of Trade and Industry, and the Philippine Coconut Authority to expand seed farms, distribute hybrid seedlings, encourage investments, and explore new coconut products.
The government is also monitoring the implementation of the revised Coconut Farmers and Industry Development Plan (CFIDP) 2024-2028, which focuses on social protection, capacity building, and infrastructure support for farmers.
Additionally, Marcos approved a PHP3.5 billion budget for massive planting, replanting, and fertilization programs targeting 100 million coconut trees by 2028.
Source: PhilNews24 | July 5, 2025
PBBM ORDERS REVIEW OF COCONUT TRUST FUND LAW FOR POSSIBLE UPDATES
You might be interested in
Latest from Politics
President Ferdinand Marcos Jr. has appointed Dita Angara-Mathay as the new secretary of the Department of
Senator Christopher “Bong” Go has filed a bill seeking temporary relief measures to help Filipinos cope
Davao City Mayor Sebastian “Baste” Duterte has been officially appointed as president of Partido Demokratiko Pilipino
Senator Loren Legarda urged Filipinos to embody heroism through discipline, sacrifice, and selflessness during the Capas
Groups and individuals condemned the Iloilo City government under Mayor Raisa Treñas over the dispersal of