Trade and markets
 

Detail

Area
Philippines
Commodity Group
Oilseeds, oils and meals
Commodity
Coconut
Date
01/12/2014
Policy Category
Consumption and marketing
Policy Instrument
Sector development
Description
Approved supplementary funding for the Coconut Authority\'s activities in support of coconut farming.
Notes
Reportedly, the government has allocated Pesos 1.38 billion (USD 30.9 million) to the country’s Coconut Authority, to enhance the latter’s activities in support of coconut production. The additional funding will be used for, among others, planting and replanting incentives to coconut farmers, distribution of organic fertilizers, capacity-building activities related to intercropping, and pest control programmes.