Tag: Maharlika fund
Youth group hits signing of investment fund into law
Critics lamented that instead of using taxpayers’ money to fund social services and projects, it will be used as a stockpile fund for the MIF
Magalong: Has corruption become the norm?
“Is corruption now the norm in government?” Magalong asks. “Shouldn’t Filipinos demand accountability from their officials?”
Philippine church officials urge Congress to reconsider position on sovereign fund...
“The time is not right for a sovereign wealth fund especially since there is no surplus or extra funds that can be allocated to it.”
House of Representatives passes bill creating US$2-billion Maharlika Fund
The Senate must pass a counterpart bill for the measure to become law
‘Maharlika’ distracting Marcos from agriculture
In assuming the agriculture portfolio, Marcos Jr. gave food security the cruciality it deserves
Protesting Filipinos score ‘critical victory’ as legislators revise wealth fund bill
“The recent decision by Congress to remove the SSS and the GSIS as sources of funding ... proves the power of dissent”
Groups opposed to ‘Maharlika’ Fund hold protests, demand withdrawal of bill
The MIF would be seeded with 275 billion pesos from government financial institutions, including two pension funds and two banks
Keep your hands off our SSS, GSIS money
Copied from wealthy, disciplined states, the Maharlika Investment Fund will supposedly secure future generations of Filipinos
Philippine lawmakers propose US$4.9 billion sovereign wealth fund chaired by Marcos
Even the president's own sister, Senator Imee Marcos, said it was "risky to gamble" retirement funds
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