11 Cebu lawmakers back bill creating Maharlika Investment Fund

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CEBU CITY, Philippines - Almost all lawmakers from Cebu backed the proposal to create the country’s first sovereign wealth fund. The House of Representatives on Thursday, Dec, 15 passed on

House of Representatives logo and plenary. INQUIRER FILES

State-media Radyo Pilipinas on Thursday released the list of lawmakers who joined in supporting the creation of the MIF. These include at least 11 House representatives from Cebu. CDN Digital is trying to reach Garcia for his comments as of this posting. We have also contacted most of the lawmakers who expressed support on HB 6608 for their statements.

On Dec. 14, House Speaker Ferdinand Martin Romualdez, one of MIF bill’s principal authors, reported that 75 percent of the Congress’ lower chamber wanted to co-author the proposal.

 

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Romualdez wants Marcos to certify Maharlika Investment Fund bill as urgentBRUSSELS, Belgium — House Speaker Martin Romualdez wants President Ferdinand "Bongbong" Marcos Jr. to certify as urgent the passage of the controversial Maharlika Investment Fund Inflation - not urgent. MIF - urgent despite the nation being buried in debt. 🙄🙄🙄🙄
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Proposed Maharlika Investment Fund bill gets House nod on 2nd readingThe controversial House Bill No. 6608, which contains the proposed Maharlika Investment Fund, was approved on second reading despite stiff opposition from some members of the Minority bloc. | GabrielLaluINQ
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LIST: House lawmakers backing Maharlika Investment Fund bill now at 275The number of House of Representatives members who are backing the proposed Maharlika Investment Fund has ballooned to 275 — more than enough to overturn opposition to the bill. | GabrielLaluINQ GabrielLaluINQ Uhuh. Theres 100 million filipinos. Pilitin niyo lang yan. Malapit pang EDSA
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Marcos Jr. certifies as urgent Maharlika Investment Fund billPresident Ferdinand Marcos Jr. has certified as urgent House Bill No. 6608, which seeks to establish a sovereign wealth fund for the country, the House of Representatives said. | GabrielLaluINQ GabrielLaluINQ Were broke aren't we? Dont see any other reason save for corruption why this is being rushed like this. GabrielLaluINQ Tngnato! GabrielLaluINQ Apparently, he’s survived his sniffles. Sayang
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