00:00President Ferdinand R. Marcos Jr. ordered the Department of Agriculture to ask the Cooperative Development Authority to strengthen the cooperatives of farmers.
00:11In the inauguration of the Sorosoro Ibaba Development Cooperative or CDD Grains Terminal and Trading Project in Batangas,
00:19President Marcos Jr. also gave the important role of the cooperative in increasing the harvest and income of farmers.
00:26According to the President, the government will help the cooperatives to have new machinery and post-harvest facilities to improve their production.
00:35According to the data of the CDA of 2023, more than 20,000 cooperatives are registered in the country,
00:42of which 2,616 are in the sector of agriculture while 700 are in the sector of agrarian reform.
00:49Thanks to the cooperative industry, more than 300,000 jobs were created for Filipinos.