Go supports CDA program to help cooperatives

MANILA, Philippines — Sen. Bong Go expressed his commitment to empowering and supporting community-based cooperatives during an event hosted by the Cooperative Development Authority (CDA) in Quezon City on Thursday.

In his speech during the “Malasakit Para sa Kooperatiba” program, Go vowed to work the welfare of Filipinos to the best of his ability.

He said a cooperative is cornerstone of community development and economic resilience. The senator shared success stories of cooperatives that were instrumental in uplifting their members’ lives and contributing to local economies.

Recognizing the potential of cooperatives to drive inclusive growth, Go underscored his support and the availability of his office for any assistance they might need.

Go also outlined his legislative support for the cooperative sector. He co-authored and co-sponsored Republic Act 11502, which designates October as “National Cooperative Month.”

Additionally, Go co-authored and co-sponsored RA 11535, which mandates the establishment of a cooperatives development officer position at municipal, city and provincial government levels.

In his capacity as vice chair of the Senate committee on finance, Go has advocated for additional funding in the 2024 national budget for CDA’s human capital development program for cooperatives.

The “Malasakit Para sa Kooperatiba” program, which Go supported and advocated for, saw the participation of 23 cooperatives, each receiving financial support from the CDA.

In addition, Go and his Malasakit Team provided separate assistance to the cooperatives and distributed basketballs, volleyballs, shirts and watches, among others.

The senator thanked local officials present during the event, including Quezon City Mayor Joy Belmonte and Pinamalayan, Oriental Mindoro Councilor Mauro Helera, among others, for their service to their constituents.

He also thanked CDA officials led by chairman Joseph Encabo as well as cooperative leaders during the event.

Belmonte expressed hope that the financial assistance provided by CDA, through Go’s support, would aid in the recovery and revitalization of cooperatives affected by the pandemic.

Encabo highlighted the senator’s unwavering “malasakit” and service, which he said significantly contributed to the country’s growth and development of cooperatives.