Maharlika Investment Fund seen cutting PH infra outlay

“Solving the infrastructure deficit, however, is not merely a financial problem,” Pantheon Macroeconomics said in a commentary.Citing data from the Department of Public Works and Highways itself, the research firm noted that disbursements fall far short of budgeted amounts by roughly 40 percent to 60 percent.

Also, Pantheon Macroeconomics expects a decrease in funds toward development projects in the short term.This is partly due to the MIF being seed funded with revenues from government financial institutions and the national coffers, the latter being ultimately a part of the national budget.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New Wave, Malaysia firm eye $50-million renewable energy investment in PhilippinesPrivate equity investment firm New Wave Strategic Holdings Inc. and Malaysian government-backed investment fund Emissary Capital Partners Sdn Bhd are eyeing to invest $50 million into the Philippines’ renewable energy market.
Source: gmanews - 🏆 11. / 68 Read more »

BDO Capital awarded Project Finance House of the YearBDO Capital’s noteworthy achievement remains unmatched in the industry as it continues to uphold consistent excellence in delivering best-in-class investment banking services across various product lines in the Philippine capital markets. READ MORE:
Source: MlaStandard - 🏆 20. / 55 Read more »