Senator Mark Villar on Thursday, June 8 said there are about 97 high-impact projects that the proposed Maharlika Investment Fund (MIF) can finance once the bill is approved into law by President Ferdinand “Bongbong” Marcos Jr. ...
Negros Oriental 3rd district Rep. Arnolfo "Arnie" Teves Jr. (left) and Senator Imee Marcos (Facebook) Controversial Negros Oriental 3rd district Rep. Arnolfo "Arnie" Teves Jr. has slammed the proposed P500-billion Maharlika Investment Fund (MIF), which he said wasn't good for the country. Teves,...
Senate Minority Leader Aquilino “Koko” Pimentel III on Thursday, June 8, said that the only viable course of action for Congress to fix some serious errors in the “hastily-approved” Maharlika Investment Fund (MIF) bill is to recall its approval and bring it back to the plenary session for...
(Unsplash) Committee on Ways and Means Chairman Albay 2nd district Rep. Joey Salceda has answered a fundamental question about the proposed Maharlika Investment Fund (MIF). The question: Is it a developmental fund, or a financial investments fund? "Now, clearly stating whether the MIF is a...
Senate Minority Leader Aquilino “Koko” Pimentel III on Wednesday, June 7, warned that changing the words to "perfect" a bill that has been approved on third and final reading might amount to a crime. Sen. Aquilino "Koko" Pimentel III during the plenary deliberations on the proposed Maharlika...
Senate Majority Leader Joel Villanueva said he expects the enrolled copy of the Maharlika Investment Fund (MIF) bill to reach Malacañang this week for President Ferdinand “Bongbong” Marcos Jr.’s signature. Marcos had earlier certified the MIF bill, Senate Bill No. 2020 as urgent. ...
Congress is prepared to exercise its oversight role should state economic managers “deviate” from the original intention and “spirit” of the proposed Maharlika Investment Fund (MIF) Act. Senate Majority Leader Joel Villanueva stressed this point in a press briefing at the Senate, saying...
The Executive Department is not allowed to alter the final version of the proposed Maharlika Investment Fund (MIF) bill, Sen. Risa Hontiveros said on Tuesday, June 6. Hontiveros pointed this out following Finance Secretary Benjamin Diokno’s statement that the Government Service Insurance System...
Senate Majority Leader Joel Villanueva on Monday, June 5, believes there is no room for interpretation on the provisions in the Maharlika Investment Fund (MIF) bill, insisting that the Congress-approved final version strictly prohibits pension funds from being invested in the MIF. Villanueva said...
Senate Committee on Banks, Financial Institutions and Currencies chairman Senator Mark Villar projected that a possible 8.6 percent return on equity every year in the next 10 years can be generated by the MIF. Senator Mark Villar...
The Maharlika Investment Fund (MIF) is vital in accelerating the implementation of infrastructure projects of the national government, National Treasurer Rosalia de Leon said. De Leon said in a news forum on Saturday, June 3, that the MIF would allow the government to generate more funding for key...
Senator Chiz Escudero (Senate PRIB) Practical politics dictate that President Ferdinand ‘’Bongbong’’ Marcos Jr. will ignore Senate Minority Leader Aquilino Pimentel III's appeal for him to veto the controversial Maharlika Investment Fund (MIF) Bill. "This is obvious. Pimentel belongs to the...
