House approves Maharlika Fund bill - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

THE HOUSE of Representatives approved on third and final reading the bill creating the Maharlika Investment Fund (MIF), just over two weeks after it was filed by Speaker Ferdinand Martin G. Romualdez.

A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS/THOMAS WHITE/ILLUSTRATIONnal reading the bill creating the Maharlika Investment Fund , just over two weeks after it wasAt Thursday’s session, 279 lawmakers voted in favor of the MIF bill, while six voted against. The six lawmakers who opposed the measure are Camarines Sur Rep. Gabriel H. Bordado, Jr., Gabriela Party-list Rep. Arlene D. Brosas, ACT Teachers Party-list Rep. France L. Castro, Albay Rep. Edcel C.

Mr. Marcos signed the letter while he was in Brussels, Belgium to attend the Association of Southeast Asian Nations-European Union Commemorative Summit. Finance Secretary Benjamin E. Diokno has urged Mr. Marcos to certify the MIF bill as urgent since this would help create more jobs, promote trade and investments, fund infrastructure projects, and achieve food and energy security.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Proposed Maharlika Investment Fund bill gets House nod on 2nd readingThe controversial House Bill No. 6608, which contains the proposed Maharlika Investment Fund, was approved on second reading despite stiff opposition from some members of the Minority bloc. | GabrielLaluINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »

LIST: House lawmakers backing Maharlika Investment Fund bill now at 275The number of House of Representatives members who are backing the proposed Maharlika Investment Fund has ballooned to 275 — more than enough to overturn opposition to the bill. | GabrielLaluINQ GabrielLaluINQ Uhuh. Theres 100 million filipinos. Pilitin niyo lang yan. Malapit pang EDSA
Source: inquirerdotnet - 🏆 3. / 86 Read more »