MANILA, Philippines – President Rodrigo Duterte has vetoed the measure seeking to create a P100-billion trust fund for coconut farmers. ADVERTISEMENTMalacañang, however, has yet explain why Duterte vetoed the bill. The Palace wanted more government offices than farmer – representatives to be part of the Philippine Coconut Authority (PCA) board, which will manage the fund. Earlier, Duterte also vetoed the bill seeking to strengthen the PCA. In the letter addressed to the Senate dated February 8, Duterte said the bill “regrettably lacks vital safeguards to avoid the repetition of painful mistakes in the past.” / gsgREAD: Duterte vetoes bill strengthening Philippine Coconut AuthorityADVERTISEMENTRead NextLATEST STORIESMOST READ

Source: Philippine Daily Inquirer February 15, 2019 14:48 UTC