Farmers seek OK of coco levy use bill | Inquirer Business

Farmers seek OK of coco levy use bill

/ 12:09 AM February 01, 2017

Farmers groups on Tuesday urged lawmakers to speed up the passage of a law related to the use of the coco levy fund, but they disagreed on how the P75-billion kitty should be managed.

Jansept C. Geronimo, spokesperson of the Kilusan para sa Repormang Agraryo at Katarungan Panlipunan (Katarungan), said in a forum held in Quezon City that the issue had dragged for too long.

“I inherited the struggle to pursue [benefits from the coco levy] from my grandfather, a tenant farmer, who paid the coco levy from 1973 to the 1980s. It’s time to have a law that would let us benefit from [the hard-earned money]” Geronimo said.

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Geronimo and his fellows in Katarungan favor a management committee that would administer the trust fund, which is now with the Bureau of the Treasury for safekeeping.

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Members of Katarungan are based in the provinces of Quezon, Camarines Sur, Albay, Samar, Leyte, Negros Oriental, Davao del Sur, Davao Oriental and Compostela Valley.

“With a committee, we are assured that we would be represented in the management of the coco levy fund,” he said.

The Confederation of Coconut Farmer’s Organizations of the Philippines (Confed) disagrees, favoring a management committee in the form of a state corporation created by law.

Confed executive director Charlie Avila said the agriculture committees of both the Senate and the House had agreed on the tack toward a management committee, which would insulate the coco levy fund from politics while ensuring representation of farmers.

But while a coco levy law is pending at the legislature, the Confed has yet to make good on its “intention” to withdraw a petition filed in the Supreme Court and which led to the issuance of a temporary restraining order against the disbursement of the trust fund.

“We have prepared a document for the withdrawal but our leaders have yet to meet and ratify this, which is needed before it could be filed in the Supreme Court,” Avila said.

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TAGS: coco levy, economy, Philippine business news

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