LGU org expresses support for Maharlika Investment Fund

📆 23/12/2022 16:30:00
📰 inquirerdotnet

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The Union of Local Authorities of the Philippines expressed support for the Maharlika Investment Fund, stressing it as a sustainable effort for national recovery and the creation of wealth. | zacariansINQ

ULAP is an umbrella organization of all leagues of local government units and locally elected government officials.“As we recover from the pandemic, the government must be steadfast in seeking resources and undertaking long-term sustainable efforts towards national recovery and the creation of wealth at all levels,” said ULAP in a statement.

“Anchored on these premises, the Maharlika Investment Fund is a key strategy for economic progress – unlocking the untapped capital from the Philippine economy and serving as a key accelerator for growth and development of our provinces, cities, municipalities and barangays across the nation,” it added.

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DBP's Herbosa backs creation of Maharlika Investment FundDevelopment Bank of the Philippines (DBP) president and chief executive officer Emmanuel Herbosa on Thursday expressed support for the passage of the controversial Maharlika Investment Fund (MIF), citing "better rates of return." Here is another corruption in the making kung sino man ang mamumuno dito sa 'Maharlika Invest Fund ' siguradong milyon ang sahod at ang bonus pa. Wala na ang pondo ng SSS sa Pinas. Kawawa naman ang mga matatanda wala ng pension sa SSS.
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