PRESIDENT Ferdinand R. Marcos Jr. on Monday assured the public that the investments by the national government under the Maharlika Investment Fund would be “absent” of “any political influences.”
Marcos also reiterated the economic benefits promised by the MIF, which he signed into law last week. He maintained that the MIF allows the government to pursue “high-priority projects” without the “added debt burden.” The Department of Budget and Management is pushing for the amendment of the 20-year-old Government Procurement Reform Act as it would “help government agencies utilize their budget efficiently.”
“The economic team is proud of what we’ve achieved so far and we’re determined to work even faster and harder in the next 5 years so that our economic gains are felt by all Filipinos,” Diokno said in a series of tweets using his verified Twitter account on Monday after the SONA.
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