Political analyst: It’s not yet time for Maharlika Investment Fund

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A political analyst of analytics group Octa Research expressed doubts about the Maharlika Investment Fund, saying the time is not right for the passage of the sovereign wealth fund. | JEMendozaINQ

“The context of the bill has good intentions, but I am not completely convinced about the Maharlika, about … this sovereign fund,” Octa political analyst Ranjit Rye said in a public briefing.“While it’s something very positive, in my view, it’s not yet time for it, but that’s just my personal view,” Rye added.

Rye said the ball is now in the Senate’s court to strengthen the accountability and transparency of the bill.

 

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