Maharlika Investment Fund safeguards

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

MSEditorial Maharlika Investment Fund safeguards Filipinos should support the creation of the Maharlika Investment Fund as it is a vehicle for the country’s sustained economic growth in the years ahead.

That was the main point of National Treasurer Rosalia de Leon when she appeared before a media forum recently.

The MIF will have both internal and external auditors who will submit regular reports its financial performance. The National Treasurer also pointed out that government financial institutions in the country have ample resources to support the MIF.Landbank, owned by the government, has P1.3 trillion in investible funds, but will infuse only P50 billion into the MIF, or roughly three percent.

 

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:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines