DEPARTMENT of Finance (DoF) Secretary Carlos Dominguez 3rd has directed a committee charged with monitoring the use of the coco levy trust fund to make sure there isn't any 'double-dipping' of funds when providing the estimated 2.5 million coconut farmers in the nation with crop insurance and health coverage.

In a statement over the weekend, it said Dominguez, who chairs the current Trust Fund Management Committee (TFMC), stressed that the next batch of members of this committee should also ensure that the health and crop insurance coverage for coconut farmers, as provided under Republic Act 11524 or the 'Coconut Farmers and Industry Trust Fund' (CFITF) Law are 'commercially viable and therefore, sustainable.'