Question
Please explain the following based on what u understand: (better in tagalog) Cooperative foundation of the Philippines Inc . CFPI , lobbied for new cooperative
Please explain the following based on what u understand: (better in tagalog)
Cooperative foundation of the Philippines Inc.CFPI, lobbied for new cooperative laws that bore fruit on March 10, 1990, when two laws on cooperative were promulgated. These were RA 6938 known as the Cooperative Code of the Philippines, creating an organic law for cooperatives, andRA 6939, establishing the Cooperative Development Authority, as the government agency to implement the Cooperative Code.
This new code was significant in that it spelled out the relationship between the cooperatives and government. It also got rid of having arbitrary rules and regulation for the different types of cooperatives.
Despite the implementation of a new code, the cooperative movement continued to lobby for more government support in cooperative development. These were mainly in the areas of financing and access to capital for cooperatives, infrastructural support, the creation of favorable marketing environment for these organization and the formulation and institutionalization of the cooperative movement.
The movement also needed to fill in gaps left by state agencies such as the CDA, the Department of Agriculture, and the Land Bank of the Philippines. The cooperative movement has sought to define the area of governance in the cooperative movement.
In this situation, the cooperative movement has defined its relationship with the government, particularly the specific responsibilities the government has to performto help the cooperative movement. In return, the cooperative movement has shown to the government that it is also doing its share in strengthening these organizations.
Upon the institutionalization of the party list system, the cooperative organizations, such as the National Confederation of Cooperatives (NATCCO) and the association of Philippine Electric Cooperatives (APEC), also took it upon themselves to organized their own political parties to run for elections.
ps. please dont just translate in google translate thank you
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