If Deputy Minority Leader and Bagong Henerasyon Party-List Rep. Bernadette Herrera would have her way, she would have government prioritize Public-Private Partnerships (PPP) over the proposed Maharlika Investment Fund (MIF). Bagong Henerasyon Party-List Rep. Bernadette Herrera Herrera, in a...
House Speaker Martin Romualdez was upbeat Friday, Dec. 30 over the apparent openness of the Senate to the proposed Maharlika Investment Fund (MIF), which the lower chamber had already passed. House Speaker Martin Romualdez (Speaker’s office) “I have no doubt that our senators share our vision...
It took only 18 days for the House of Representatives to pass the proposed Maharlika Investment Fund (MIF) Bill, but Quezon 2nd district Rep. David "Jay-Jay" Suarez chose to describe the rather quick process as "congressional surgery". Quezon 2nd district Rep. David Suarez (Facebook) “The...
The National Economic and Development Authority (NEDA) has called for a swift enactment of the planned sovereign wealth fund to enhance the newly approved blueprint for the socioeconomic development of the country. Socioeconomic Planning Secretary Arsenio M. Balisacan said the proposed Maharlika...
Who says that the all-powerful House majority bloc had sole input on the controversial Maharlika Investment Fund (MIF) Bill? House Speaker Martin Romualdez (Speaker's office) House Speaker Martin Romualdez highlighted on Friday afternoon, Dec. 15 a provision in the bill for social welfare purposes...
That the proposed Maharlika Investment Fund (MIF) took only 18 calendar days to get passed in the House of Representatives rubs Basilan lone district Rep. Mujiv Hataman the wrong way. Basilan lone district Rep. Mujiv Hataman (Facebook) Hataman was one of six congressmen who voted against the...
As expected by many, the House of Representatives approved on third and final reading on Thursday night the proposed Maharlika Investment Fund (MIF), which, if enacted, will serve as the Philippine sovereign wealth fund. (Ellson Quismorio/ MANILA BULLETIN) The proposed MIF, embodied in House Bill...
Former Socioeconomic Planning Secretary Ernesto M. Pernia categorically said that the planned Maharlika Wealth Fund is “not wise.” In a radio interview, Pernia said that before proceeding with the Maharlika, there must be clear assessment as to where the economy stands at present. He urged the...
Two development partners of the Philippines and a US-based think tank have recommended the establishment of a sovereign wealth fund (SWF), the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said the Asian Development Bank (ADB), the International Monetary...
House Speaker Martin Romualdez is leaving it up to President Ferdinand "Bongbong" Marcos Jr. on whether or not the latter will certify the proposed Maharlika Investment Fund (MIF) as an urgent piece of legislation. House Speaker Martin Romualdez (left) and President Ferdinand "Bongbong" Marcos Jr....
Determined to implement the planned sovereign wealth fund, Finance Secretary Benjamin E. Diokno said has identified other sources of financing that will take up the slack following the exit of Government Service Insurance System (GSIS) and Social Security System (SSS) as original funders of the...
The proposed Maharlika Investment Fund's (MIF) history in the current 19th Congress, particularly in the House of Representatives, has been short but not so simple. (MANILA BULLETIN) Branded as a "vehicle for investments" by its proponents, the planned Philippine sovereign wealth fund arguably...
