DBP chief backs swift passage of Maharlika Investment Fund bill

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The president of Development Bank of the Philippines has expressed full support for the establishment of a SWF, citing the need to boost investments in critical sectors to sustain the country’s growth.

Emmanuel Herbosa, DBP president and chief executive officer, said it is crucial to broaden investments in critical areas such as food, water, green energy, agro-industrial ventures, telecommunications, public infrastructure, and road networks toll-ways, which offer better rates of return and greater socio-economic impact.

“As head of a government bank, the SWF is closely aligned with our operating principle of bolstering economic additionality through timely and meaningful support of critical industries and sectors.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ayaw ma-unemploy... besides di nya naman pera yun...

The OUTGOING president of the Development Bank of the Philippines 😒

Takot lang nya mapalitan

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:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines