Half of Filipinos support Maharlika Investment Fund Bill — survey

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Half of Filipinos support the proposed Maharlika Investment Fund—a wealth fund that the government can use for investments, a recent nationwide survey conducted by big data research firm Tangere found.

In the survey results released on Monday, Dec. 19, Tangere CEO and founder Martin Peñaflor said 83.75 percent of survey respondents are aware of House Bill No. 6608 or the Maharlika Investment Fund Bill, which has recently passed on third and final reading at the House of Representatives.

However, the survey found that the number of those who agree to have government financial institutions, such as the Government Service Insurance System, Social Security System, Land Bank of the Philippines, and Development Bank of the Philippines, as source for the funds for the Maharlika Investment Fund is slightly lower at 45.87 percent—with 19.5 percent “strongly agreeing” and 26.37 percent “slightly agreeing.

Moreover, 65.47 percent of the survey respondents who are aware of the bill also believe that the proposal of the establishment of the funds is timely, and about 56.67 percent either strongly believe or somewhat believe that it would also be helpful in the growth of our economy.

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