The Maharlika Investment Fund bill, which seeks to tap state assets for investment ventures in hopes to generate additional public funds, will be sent to the Palace this week for President Ferdinand Marcos, Jr.’s signature, Senate President Juan Miguel Zubiri said Tuesday.
The Maharlika Investment Fund bill, which seeks to tap state assets for investment ventures in hopes of generating additional public funds, will be sent to the Palace this week for President Ferdinand Marcos Jr.’s signature, Senate President Juan Miguel Zubiri said Tuesday.Earlier, Speaker Martin Romualdez of Leyte also announced that he had signed the Congress-ratified version of the Maharlika Investment Fund bill alongside House Secretary General Reginald Velasco.
But for House Deputy Minority Leader France Castro of ACT Teachers party-list, the Marcos administration should prioritize laws that will benefit the people instead of the Maharlika Investment Fund. Administration ally and Dasmariñas Rep. Elpidio Barzaga, however, believes the Marcos administration is making the right call.
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