Maharlika Investment Fund safeguards

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Indonesia Berita Berita

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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.

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