Maharlika fund a losing investment —Carpio

The proposed Maharlika Investment Fund could be a losing proposition as the cost of putting up the fund could exceed the expected returns, retired Supreme Court Associate Justice Antonio Carpio said Friday.

“Our debt is P7 trillion higher compared with pre-pandemic time. We should work on reducing that. Why go through this. We are putting this up at the worst possible time. This is a matter of wisdom and soundness, not legality,” he said. 100% of Bangko Sentral ng Pilipinas’ declared dividends for first and second year of the law’s implementation and 50% in the succeeding yearsroyalties and/or special assessments on natural resources based on the fiscal regime to be implemented by the national governmentFormer Bangko Sentral ng Pilipinas Deputy Governor Diwa Gunigundo said that based on country’s experience during the Martial law years, the investment portfolio of the MIF could drive the public funds to people and firms with...

These are subject to strict compliance to the investment and risk management guidelines and the review of the board of directors of the MIC. The BSP is tasked to provide assistance to the LBP and DBP to ensure that depositors of these banks, including the government itself, won’t suffer losses, the former central bank official added.

Carpio not your money have a rest

Maybe not now

Truth. San ba iinvest? Sa bitcon or crypto?

buti wala ka na sa SC we realized ang bobo mo 😝🤣🤣🤣

ano ang basis mo? easy to say that

Naman...blame the sip²

Lol recession is the time to invest if u hve cash Ask any investors

You can’t time the market

May point sya... Dinadivert lang tlga yun investment fund from the intitution who are also mandated to manage an investment. Mukha totoo yun sabi ni Prof. Winnie Monsod na ang bottom line of this MIF is a milking cow of the piluticians.

Epal alert! Makakpntra lang kahit di naman alam ang project Gago lang tong matandang to!! Ulupong!!! KakampinkTae!! 🚽💩💩💩💩💩🚽

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