During Thursday’s session, the House of Representatives approved the bill on second reading via viva voce.With the approval, the House only needs three more session days to pass the bill on third reading. However, since the Congress is set to go on a recess for the holidays, the earliest that the MIF bill would be approved is by January 25.
Before the bill was passed on second reading, there have been several criticisms hurled at the proposal, as many lawmakers feel that is not the right time for the country to have a sovereign wealth fund .
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Romualdez wants Marcos to certify Maharlika Investment Fund bill as urgentBRUSSELS, Belgium — House Speaker Martin Romualdez wants President Ferdinand "Bongbong" Marcos Jr. to certify as urgent the passage of the controversial Maharlika Investment Fund Inflation - not urgent. MIF - urgent despite the nation being buried in debt. 🙄🙄🙄🙄
Source: inquirerdotnet - 🏆 3. / 86 Read more »
GSIS and SSS may still invest in Maharlika fund if their boards will allow – lawmakerMANILA, Philippines — The inclusion of the Government Service Insurance System (GSIS) and Social Security System (SSS) in the proposed Maharlika Investment Fund (MIF) would depend on the GabrielLaluINQ Please don't...
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Rep. Richard Gomez expresses support for Maharlika FundTACLOBAN CITY -- Leyte Rep. Richard Gomez has expressed support for the controversial Maharlika Investment Fund (MIF), saying it’s for the country&039;s good. Gomez, representing the Hoy bobo mo naman. Kinain na din ng politika tong si Goma Di ba may corrupt case rin sya? No wonder why.
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Malampaya earnings, loans eyed as sources of Maharlika fundTieng cited Section 11 of the MIF bill which states that other sources of the MIF will include: “royalties and/or special assessments on natural resources based on the fiscal regime to be implemented by the national government, proceeds from privatization of government assets, and public borrowings.”
Source: gmanews - 🏆 11. / 68 Read more »
Speaker wants Marcos to certify Maharlika fund bill as urgentSpeaker Martin Romualdez is optimistic President Ferdinand "Bongbong" Marcos Jr. will give the Maharlika Investment Fund (MIF) bill the push to become a law by certifying it as an urgent legislation. PBBM must settle his Family Tax Due at the same time....grrrrr Bakit ba nagmamadali? Kating-kati na ba kayo sa kurakot? Hinay-hinay naman. 6 mos. pa lang kayo.
Source: gmanews - 🏆 11. / 68 Read more »