Once approved by the Senate and enacted into law, the Maharlika Investment Fund or MIF will utilize surplus money and investible funds of government to sustain the country’s economic growth.
Instead of taxes, lawmakers decided to tap surplus funds for long-term economic development programs and projects.This entity will have its own charter and will be supervised by the Securities and Exchange Commission and the Securities Regulation Code. The MIF will have an initial capital of P110 billion from the LandBank ; DBP and the balance from the 100 percent dividends of the Bangko Sentral ng Pilipinas.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Balisacan: Maharlika Investment Fund ‘appropriate at this time’Socioeconomic Planning Secretary Arsenio Balisacan believes that the establishment of a sovereign wealth fund is appropriate despite the risks of a global recession and high interest rates.
Källa: gmanews - 🏆 11. / 68 Läs mer »
Why 6 House lawmakers voted no to the Maharlika Investment Fund billThey oppose the Maharlika fund due to corruption and investment risks, economic challenges, and how the bill was railroaded through the House of Representatives. MIF - IT'S Marcos Governmental Corruption Agenda Who is going to monitor The Monetary 💰💸💵 transactions Potential stealing of 💰💸💵 IT'S BUCK WILD CORRUPTION MARCOS MUKHANG 💰💸💵🤑 mga kakampi ni Joma ang mga yan..nagluluksa pa ngayon ang mga yan The 6 were defending the people, while 279 nag sariling sikap...
Källa: rapplerdotcom - 🏆 4. / 86 Läs mer »
There is transparency in Maharlika Investment Fund, says RomualdezICYMI: Amid doubts from the public, Speaker Martin Romualdez gave the assurance that the Maharlika Investment Fund has a provision that ensures transparency regarding financial matters to prevent its misuse. Yeah right ! Knowing that it’s a Marcos Romualdez tandem Honesty and Trust is in question. Unreliable partnership that will skin Philippine economy. God spare Philippines with these evils🙏🏻. In businessmen and politician’s world, there’s no such thing as transparency..everything can be manipulated even biggest companies do that..checK ENRON.. it’s one of the worst scam ever in US.. PWEH! As transparent as MUD! 🤬🤬🤬
Källa: inquirerdotnet - 🏆 3. / 86 Läs mer »