THE PROPOSED Maharlika Investment Fund (MIF) is one of the 10 priority legislative measures to be approved by Congress by June, according to the Palace. Full story:
A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS
At a meeting in Malacañang on Monday, the Legislative-Executive Development Advisory Council identified the sovereign wealth fund and nine other priority bills to be approved by Congress before the end of itsThe House of Representatives approved the proposed Maharlika Investment Fund in December, while a counterpart measure is pending in the Senate.
Senator Emmanuel Joel J. Villanueva said the Senate’s priority bills are similar to those identified by the LEDAC, with the inclusion of the RCEP ratification and a bill institutionalizing the National Educators’ Academy of the Philippines . Once part of RCEP, Mr. Marcos said the Philippines could access non-traditional suppliers of agricultural inputs and commodities.
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