President Ferdinand R. Marcos Jr. signs Republic Act 11954 or the Maharlika Investment Fund Act in a ceremony at the Kalayaan Hall of Malacañan Palace in Manila on Tuesday .President Ferdinand R. Marcos, Jr. on Tuesday signed the controversial Maharlika Investment Fund Act to help draw more investors to the country.
In his speech during the event, the President said the MIF will allow the government to “leverage a small fraction of the considerable, but under utilized investable fund of the government” to stimulate the economy without the disadvantage of adding additional fiscal and debt burden.
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Marcos signs Maharlika Investment Fund bill into lawPresident Ferdinand 'Bongbong' Marcos Jr. on Tuesday signed into law the Maharlika Investment Fund (MIF), which will tap state assets for investment ventures to generate additional public funds. READ:
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Marcos glosses over Maharlika Investment Fund’s political risksPresident Ferdinand Marcos Jr. did not tackle the contentious provisions of the Maharlika Investment Fund Act in his speech after he signed the bill into law, saying that the wealth fund would not be “colored by political considerations.”
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Bongbong Marcos signs Maharlika Investment Fund into lawMANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. on Tuesday signed the controversial Maharlika Investment Fund (MIF) bill into law. The President signed the bill at the
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Global woes won’t dent MIF investment draw, solon says | Jovee Marie de la CruzTIMING is right for the Philippines to set up its Maharlika Investment Fund (MIF) amid fears that headwinds could thrust much of the world into near-recession levels, a senior lawmaker insisted on Monday, the eve of the expected signing of the controversial MIF into law. At a time when the…
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