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As the steward of the Filipino people, President Ferdinand R. Marcos Jr. can only have “good reasons” to make sure there are safeguards in using the Maharlika Investment Fund .
Rep. Haresco lauded the President for ensuring safeguards in the MIF Act of 2023, saying that “that is the stewardship role expected of him.” “In handling money, caution is a virtue, while haste is a vice.Better to be conservative and protect the funds than be audacious and incur losses. If the President did not pull the trigger, then it can only be for good reasons,” he added.
In a statement, the Office of the Executive Secretary said the directive was to make sure that there will be safeguards to ensure the proper use of Maharlika fund.
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