PCA seeks release of P4B from coco levy funds
MANILA, Philippines – The Philippine Coconut Authority (PCA) has called for the release of an initial P4-billion by year-end part of the coconut levy funds while the government is yet to issue the funds’ final disposition.
In a briefing yesterday, new PCA administrator Avelino Andal said the interest of the fund of about P4-billion should be released before the year ends.
“At least the interest (should be released) while the bill is yet to be finalized. So we can just start the ball rolling and start something already,” Andal said.
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