Marcos Jr. certifies as urgent Maharlika Investment Fund bill

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

President Ferdinand Marcos Jr. has certified as urgent House Bill No. 6608, which seeks to establish a sovereign wealth fund for the country, the House of Representatives said. | GabrielLaluINQ

This means the measure can be deliberated on Thursday, which is possibly the last session day of the 19th Congress for 2022.

Before the bill was passed during the second reading, there were several criticisms hurled at the proposal, as many lawmakers feel that now is not the right time for the country to have a sovereign wealth fund . Also, the bill got public backlash after the original version of the bill — HB No. 6398 — had include P125 Government Service Insurance System , P50 billion from Social Security System , and P25 billion from the national budget into the starting fund of the MIF.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

GabrielLaluINQ they really need the fund badly, gagawin lahat para magawan ng paraan!

GabrielLaluINQ Atat na atat sa pera! Buti pa sila kapag nagigipit, may taxes ng mamamayan na dudukutin. Mga ulupong.

GabrielLaluINQ Worse: stupid electorate =stupid government =stupid governance inabsweLtoCimeLda inabsweLtoCateGLo inabsweLtoCerap LegisLatingDoNotGoToJaiLdueToAgeHeaLthAtbp PoliticalDynasties PseudoDemocracy SystematicPlundering AngSindikato PeoplePower1986 LapuLapu2023

GabrielLaluINQ

GabrielLaluINQ Yown kukubra na ang mga kubrador. Hahahahaha urgent pa more bongbongmarcos

GabrielLaluINQ No time to waste, need more funds at his disposal! Plus the chance to appoint a crony or family to be in charge...budol Pinas, Kongreso at Senado, mga walanghiya

GabrielLaluINQ urgent maka nakaw

GabrielLaluINQ Apparently, he’s survived his sniffles. Sayang

GabrielLaluINQ Tngnato!

GabrielLaluINQ Were broke aren't we? Dont see any other reason save for corruption why this is being rushed like this.

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:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Romualdez wants Marcos to certify Maharlika Investment Fund bill as urgentBRUSSELS, Belgium — House Speaker Martin Romualdez wants President Ferdinand "Bongbong" Marcos Jr. to certify as urgent the passage of the controversial Maharlika Investment Fund Inflation - not urgent. MIF - urgent despite the nation being buried in debt. 🙄🙄🙄🙄
Source: inquirerdotnet - 🏆 3. / 86 Read more »