Finance Secretary Benjamin Diokno on Tuesday said board members of state pension institutions should not be "precluded" from deciding on possible investments in proposed sovereign wealth fund.
Diokno also said there is nothing concerning about the fact that GSIS and SSS board members are all presidential appointees. "In an organization like the SSS or GSIS, they have what's called allocation sa portfolio... mayroong 10% dito sa high risk pero high return... desisyon 'yun ng kanilang risk committee," he added.in Senate Bill No.
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