Gloria Macapagal Arroyo: Yes to coconut fund for farmers
House Speaker Gloria Macapagal Arroyo is making sure she leaves Congress with a bang.
On her official Facebook page, she shared some good news for coconut farmers. The congresswoman has been working on passing a bill for the creation of a coconut farmers fund. She co-authored House Bill 9197 or the Coconut Farmers and Industry Development Trust Fund which has passed the third and final reading in the lower house.
In a nutshell, the bill seeks to address pertinent issues of the coconut industry and protect the rights of coconut farmers. The trust fund will be maintained for 30 years or until it’s used up.
Good job, House speaker Arroyo!
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