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...
The controversial Maharlika Investment Fund (MIF) would not be hindered by the absolute prohibition of access to the state pension funds, National Economic Development Authority (NEDA) Secretary Arsenio Balisacan said. NEDA Secretary Arsenio Balisacan (Photo from the Presidential Communications...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has enumerated six advantages of the proposed Maharlika Investment Fund (MIF), which is expected to be enacted soon after the House of Representatives and the Senate reached an agreement on...
Albay 1st district Rep. Edcel Lagman (Screenshot from Zoom) Independent minority congressman and Liberal Party (LP) President Edcel Lagman says the Maharlika Investment Fund (MIF) Bill is constitutionally sound, but that still doesn't make it a good idea. Lagman, Albay's 1st district...
State economic managers should make sure that the Maharlika Investment Fund (MIF) would be well-accounted for by making sure that all safeguards under the bill would be enforced thoroughly. Go made the call following Congress' approval of the MIF bill. The bill is now up President Ferdinand...
Senate Minority Leader Aquilino “Koko” Pimentel III called on President Ferdinand “Bongbong” R. Marcos Jr. to veto the recently passed Maharlika Investment Fund (MIF) bill and return it to Congress for rectification. “The bill, in its current form, is not acceptable. I am calling on the...
