IKOT.PH
Transparency and accountability – including the certainty of jail for mismanagement – should be the main considerations in the handling of the Maharlika Investment Fund, Senator Robin Padilla said. Padilla, in an interview on ANC, said he is fed up with instances of mishandling of public funds where those found liable in investigations escape being […]
Senate Minority leader Koko Pimentel III called on the country’s economic managers to hasten solutions to the rising inflation in the country which peaked at 8.7 percent in January 2023, an all-time high since November 2008. Pimentel issued the statement as he expressed dismay at the economic managers’ lack of concrete plans and swift action […]
Senator Chiz Escudero said the current administration should uphold its “no tax exemption” policy as he questioned the perks to be accorded to the proposed Maharlika Investment Corporation (MIC), which will manage the Maharlika Investment Fund (MIF). Escudero expressed concern on the many privileges that the MIC will get supposedly to attract investors and augment […]
Camarines Sur Rep. LRay Villafuerte has said the broad popular support for President Marcos’ pet initiative Maharlika Investment Fund (MIF) should convince its critics to give this House-approved investment vehicle a chance to prove its worth as soon as the Senate passes its own version after the 19th Congress reopens this January following its month-long yearend […]
Senator Bong Go reiterated the importance of credible, competent, and trustworthy management should the proposed Maharlika Wealth Fund be enacted into law. In a recent interview after aiding residents in Pandi, Bulacan, Go said that the proposed measure will continue to be the subject of heated debate due to various concerns but reiterated that the […]
Quirino Governor Dax Cua expressed his support for the Maharlika Investment Fund, which the House of Representatives passed on Thursday after Pres. Ferdinand Marcos, Jr. certified the bill proposing its creation as urgent. “I think a sovereign wealth fund (SWF), if managed properly, can help us achieve our objectives of inclusive and sustainable development. We look […]