Palace: Congress committed to pass Maharlika bill, nine others in June

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Malacañang on Monday said Congress has committed to pass 10 priority measures of the Marcos administration in June of this year, including the controversial Maharlika Investment Fund.

Malacañang on Monday said Congress has committed to pass 10 priority measures of the Marcos administration in June of this year, including the controversial Maharlika Investment Fund.

Under the proposed measure, the fund shall be used to invest on a strategic and commercial basis in a manner designed to promote fiscal stability for economic development and strengthen the top-performing GFIs through additional investment platforms that will help attain the national government’s priority plans.The LEDAC meeting was presided by Executive Secretary Lucas Bersamin at the Premier Guest House in Malacañang Palace.

The list of officials under the executive branch who attended include Special Assistant to the President Secretary Antonio Lagdameo Jr., Department of Budget and Management Secretary Amenah F. Pangandaman, Department of Trade and Industry Secretary Alfredo E. Pascual, Department of Environment and Natural Resources Secretary Maria Antonia Yulo Loyzaga, Department of Agriculture Senior Undersecretary Domingo F. Panganiban, Presidential Legislative Liaison Office Secretary Mark Llandro L.

In an interview with reporters, Villanueva said measures seeking to amend the 1987 Constitution were not discussed during the meeting but the LEDAC identified the ratification of the Regional Comprehensive Economic Partnership as a priority.

 

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