Gov't sets up Coco Levy Asset Registry

The government has established the Coco Levy Asset Registry to track the status of assets purchased through the multibillion-peso coconut levy fund, including their fruits (DoF), according to the Department of Finance (DoF).

In a statement over the weekend, the DoF said the Bureau of the Treasury (BTr), as the TFMC Secretariat, is mandated to establish the Coco Levy Asset Registry under the Republic Act (RA) 11524 or the "Coconut Farmers and Industry Trust Fund Act."