News Formal

[B-SIDE Podcast] More red flags raised by the Maharlika Investment Fund - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

In this B-Side episode Enrico P. Villanueva, a chief risk consultant and a senior lecturer of economics at the University of the Philippines Los Baños, tells us that the MIF will weaken the Bangko Sentral ng Pilipinas (BSP) and other government banks.

Follow us on SpotifyThe current version of House Bill No. 6608, or the bill seeking to establish the Maharlika Investment Fund , still raises red flags, says Enrico P. Villanueva, a chief risk consultant and a senior lecturer of economics at the University of the Philippines Los Baños.reporter Keisha B. Ta-asan that the MIF will weaken the Bangko Sentral ng Pilipinas and other government banks.

But following criticism and public pressure, proponents took out the pension funds. The MIF will now be funded by resources from the Landbank of the Philippines, the Development Bank of the Philippines, and the dividends/profits of the Bangko Sentral ng Pilipinas . “Here, we are subjecting this forced contribution from the government banks and in the process, we’re making them weaker. We should make these banks stronger, not weaker,” he added.

“We don’t even know if it would actually pursue development the way it said it would be. So that’s a big question mark,” he added.Mr. Villanueva recounted that when former President Ferdinand E. Marcos, Sr., left the country in 1986, the old central bank was bankrupt and loaded with debt. “That’s why, when there was this talk about getting the reserves or asking the BSP to contribute, that’s a red flag again because that’s a violation in the charter,” he said.

 

コメントありがとうございます。コメントは審査後に公開されます。

Whenever a professor presents an opinion. Ask first why is he NOT employed in the private sector Those who cannot get a job teach.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 9. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

More red flags raised by the Maharlika Investment FundListen to this episode from BusinessWorld B-Side on Spotify. The current version of House Bill (HB) No. 6608, or the bill seeking to establish the Maharlika Investment Fund (MIF), still raises red flags, says Enrico P. Villanueva, a chief risk consultant and a senior lecturer of economics at the University of the Philippines Los Baños. In this B-Side episode, he tells BusinessWorld reporter Keisha B. Ta-asan that the MIF will weaken the Bangko Sentral ng Pilipinas (BSP) and other government banks. “BSP is not supposed to dabble in private enterprises … BSP cannot invest in development financing,” Mr. Villanueva says, adding that the MIF resurrects the ghost of what happened to the Central Bank, which had to be dissolved after being bankrupted. “Haven’t we learned from the experience?” Recorded remotely in December 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo. EnricoPatiga Thank you for being a voice ! Better to scrutinise than be sorry jcpunongbayan Dapat lang scrutinize yan ng lahat - taong bayan, scholars, experts, government, consultants The whole Marcos administration is a red flag. 😂😂😂
ソース: bworldph - 🏆 9. / 68 続きを読む »

MAHARLIKA INVESTMENTOUR EDITORIAL CARTOON: MAHARLIKA INVESTMENT What happened to Duterte’s plan to change the nation’s name to Maharlika?
ソース: TheManilaTimes - 🏆 2. / 92 続きを読む »