AreaPhilippines
Commodity GroupOilseeds, oils and meals
CommodityCoconut palm
Date01/09/2017
Policy CategoryProduction
Policy InstrumentSector development measures
DescriptionRenewed public funding for the country\'s Coconut Authority in calendar year 2018, with the bulk of funds earmarked for countrywide coconut palm replanting programmes.
NotesThe Government of the Philippines has allocated PHP 1.4 billion (USD 27.2 million) to the countrys Coconut Authority for the year 2018, matching the current years level. According to the agency, the bulk of the resources will be used for replanting coconut trees nationwide. Projects on fertilization, R&D and diversification into high-value coconut products will also be supported. With regard to plantings, the agencys target is to support the planting of at least 10 million palms in 2017, 15 million palms in 2018, and 20 million palms yearly starting in 2019.
