Senator Francis “Chiz” Escudero on Friday, May 26 expressed concern that the proposed Maharlika Investment Fund (MIF) bill will have the potential to deplete the funds of the two government banks, despite the positive projections aired by state economic managers. Sen. Francis “Chiz”...
The justification for the immediate passage of the Maharlika Fund is too convoluted and vague, so said Sen. Risa Hontiveros. Hontiveros, in a statement on Thursday, slammed the certification of the Maharlika Investment Fund (MIF) bill. “It is still being pushed despite the fact that...
Senate President Juan Miguel “Migz” Zubiri on Thursday, May 25, expressed hopes that the House of Representatives would adopt the Senate version of the Maharlika Investment Fund (MIF) bill so that the two legislative chambers do not have go into a bicameral conference committee process....
President Ferdinand “Bongbong” Marcos Jr. has certified the proposed Maharlika Investment Fund (MIF) bill as urgent. Senate Bill No. 2020 is currently under the period of interpellations at the Senate. The President’s certification was read out by Senate Secretary Renato Bantug Jr. o...
(Unsplash) The Makabayan bloc is up in arms over the Senate's attempt to reinclude pension handlers Government Service Insurance System (GSIS) and Social Security System (SSS) in the controversial Maharlika Investment Fund (MIF) as fund contributors. The militant congressmen said the senators did...
The Maharlika Investment Fund (MIF) has entered the period of interpellation in the Senate. "Maganda po na madiscuss natin ang mga concerns ng ating mga kapwa senador (The discussion with my colleagues’ concerns were lively). From the start, we always wanted to scrutinize this bill. No better way...
House Minority Leader and 4Ps Party-list Rep. Marcelino Libanan (Ellson Quismorio/ MANILA BULLETIN) As far as House Minority Leader and 4Ps Party-list Rep. Marcelino Libanan is concerned, President Ferdinand "Bongbong" Marcos Jr. has sent a "message" to the Senate to prioritize the passage of the...
The prosposed Maharlika Investment Fund (MIF) and economic Charter change (Cha-cha). House Speaker Martin Romualdez highlighted these two "promising" measures during his speech Tuesday, March 21 at the luncheon meeting with ambassadors of the Asia-Pacific Parliamentary Forum (APPF)-member-countries...
Batangas 6th district Rep. Ralph Recto made a strong pitch Monday, March 13 for government to prioritize the construction of additional cold storage facilities that farmers could use to prolong the shelf life of their produce. For context, Recto, a deputy speaker, cited the government's willingness...
The Maharlika Investment Fund (MIF) would be the alternative source of government financing once the Philippines becomes an upper-middle income economy, which disqualifies the country from less expensive development loans, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno...
Senator Sherwin Gatchalian said he believes the privatization of key government assets is a more logical source for the proposed Maharlika Investment Fund (MIF). Gatchalian said doing this would shield key financial institutions, particularly the Bangko Sentral ng Pilipinas (BSP), from potential...
The House of Representatives under the leadership of Speaker Martin Romualdez doesn't claim to have all the bright ideas for solving the nation's problems. House Speaker Martin Romualdez (Speaker’s office) That's why, during a speaking engagement in the Asia CEO Forum at Manila Marriott Hotel...
