PCA: 88% of P7.5-B coco sector fund released

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PCA: News

88%,Of,P7.5-B

THE Philippine Coconut Authority (PCA) said that 88 percent of the P7.5 billion fund for the Coconut Farmers and Industry Development Plan (CFIDP) had been released to agencies and that a significant boost in program implementation was expected for this year.

THE Philippine Coconut Authority said that 88 percent of the P7.5 billion fund for the Coconut Farmers and Industry Development Plan had been released to agencies and that a significant boost in program implementation was expected for this year.The PCA reported to the Philippine Council for Agriculture and Fisheries that P6.6 billion of the total fund was released as of May 2024. The PCA and PCAF-National Sectoral Committee on Coconut held a discussion last May 28.

The PCA also said that it was actively working on enhancing the National Coconut Farmers Registry System to improve services provided to farmers and other stakeholders.To expand the registration of coconut farmers, the PCA is focusing on empowering field staff at the barangay level by providing them with the necessary skills for encoding and validating farmer information.

 

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