ACT Teachers Party-list Rep. France Castro (Rep. Castro's office) President Marcos' suspension of the implementation of the Maharlika Investment Fund (MIF) shows that it was "rushed and flawed". Thus, said House Deputy Minority leader and ACT Teachers...
President Marcos has suspended the implementation of the implementing rules and regulations (IRR) of the controversial Maharlika Investment Fund "pending further study." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos issued the suspension through a memorandum from Executive...
Malacañang has recalled the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) in order to make adjustments, specifically regarding the appointment of key managers. Sources told Manila Bulletin that the IRR of the law creating the MIF is temporarily halted in order to...
The International Monetary Fund (IMF), through its Fiscal Division, commended the Philippines for proactively improving its Public Financial Management (PFM) systems through digital transformation. During one of the sessions of the IMF-World Bank (WB) Annual Meeting in Marrakesh, Morocco, IMF...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (Facebook) A three-term congressman from Mindanao has vouched for the integrity of the House of Representatives amid the tirades launched last week by former president Rodrigo Duterte. "As...
Loans in relation to housing have reached P88.3 billion for the first nine months of 2023, an indication of effective stimulation in the housing industry, according to the Home Development Mutual Fund, or Pag-IBIG Fund. Marilene C. Acosta, chief executive officer of the Pag-IBIG Fund, said...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The relief request by the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) from the Central Bank for infusions to the Maharlika Investment Fund (MIF) is nothing to...
The Department of Finance (DOF) said the International Monetary Fund (IMF) has commended the government's newly-formed Maharlika Investment Corp. (MIC), recognizing its contribution to the country's infrastructure initiatives. Finance Secretary Benjamin E. Diokno said the IMF has acknowledged the...
Marikina City 2nd Rep. Stella Quimbo (left), Albay 1st district Rep. Edcel Lagman (PPAB, Facebook) Marikina City 2nd district Rep. Stella Quimbo's stance on controversial topics like Vice President Sara Duterte's confidential fund allocation as well as the...
From left to right: PSE President and CEO Ramon Monzon, Speaker Martin Romualdez, and Albay 2nd district Rep. Joey Salceda (Speaker’s office) House Speaker Martin Romualdez on Wednesday, Oct. 4 called on members of the capital market community to consider...
Albay 1st district Rep. Edcel Lagman (Screenshot from Facebook) A government agency that's deemed not entitled to confidential and intelligence funds (CIFs) must be completely stripped of such funds. Independent minority solon Albay 1st district Rep....
Ako Bicol Party-list Rep. Zaldy Co (Facebook) The "small committee" tasked to collate individual amendments from House members in connection with the P5.768-trillion General Appropriations Bill (GAB) or proposed national budget for 2024 has until Oct. 10,...
