Philippine Government Releases Revised IRR for Maharlika Investment Fund

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 15 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 92%

Politics News

Philippines,Government,Revised Implementing Rules And Regulations

MANILA, Philippines: The government on Saturday released the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) that gives authority to the President to handpick those who will join the board of the Maharlika Investment Corp. (MIC).

MANILA, Philippines: The government on Saturday released the revised implementing rules and regulations of the Maharlika Investment Fund that gives authority to the President to handpick those who will join the board of the Maharlika Investment Corp. .President Ferdinand Marcos Jr. has ordered the review of the IRR of Republic Act 11954, or the law establishing the MIF, to make sure safeguards are in place to guarantee transparency and accountability in carrying out the provisions of the law.

'In the interest and exigency of service, the Advisory Board shall submit to the Office of the President the list of nominees to vacant Regular and Independent Director, and the PCEO positions not later than 30 days from such vacancy,' the provision of the revised IRR read.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines

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

Malacañang releases revised implementing rules and regulations of Maharlika Investment Fund ActMalacañang has released the revised implementing rules and regulations of the Maharlika Investment Fund Act.
Source: gmanews - 🏆 11. / 68 Read more »