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Senator Bongbong Marcos leads joint consultative meeting on proposed amendments to CDA charter

Press Releases
31 January 2013

Senator Ferdinand “Bongbong” R. Marcos, Jr., vice chairman of the Senate committee on cooperatives, led a joint consultative meeting last January 29, 2013 on three separate proposed measures, including his Senate Bill 3245, seeking to introduce amendments to Republic Act 6939 that created the Cooperative Development Authority (CDA).

The discussion tackled, among others, the proposed reorganization of the CDA structure aimed at rationalizing the agency’s function to make it responsive to the growing demands of registered cooperatives.

Marcos urged the CDA to further study the proposed structure even as he advised the agency’s officials, led by chairman, Dr. Emanuel Santiaguel, to rationalize its organization and clearly define its functions.

Also present during the meeting were members of the House committee on cooperatives development, including party list Reps. Pons Payuyo (APEC), Isidro Lico (Ating Koop), and Reena Concepcion Obillo (Una-Pamilya).

Marcos believes Congress should revisit and recalibrate the CDA charter to enable it to discharge its mandate under the Philippine Cooperative Code of 2008 (Republic Act No. 9560), which the CDA is tasked to administer and implement.