Photo caption: President Ferdinand Marcos Jr. signs the Maharlika Investment Fund bill into law on Tuesday, July 18, 2023.
The President signed the bill at the Kalayaan Hall of the Malacañan Palace, with members from both the Senate and the House of Representatives in attendance. According to Pimentel, the law would divert resources that could be used to solve immediate issues such as education and healthcare gaps.Veto Maharlika bill, return it to Congress to fix potential pitfalls, Pimentel presses Marcos
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Marcos explains why PH president was removed as chairman of the board of Maharlika fundIn removing himself and future presidents from membership of the board of the controversial Maharlika Investment Fund (MIF), President Ferdinand “Bongbong” Marcos Jr. also eliminated the risk of politicians and political decisions influencing the country’s first ever sovereign wealth fund.
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Cause-oriented groups stage Mendiola indignation protest vs MIFCause-oriented groups staged an indignation rally in Mendiola, Manila on Tuesday, July 18, over the signing into law of the Maharlika Investment Fund (MIF) by President Marcos. READ:
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