PRESIDENT Ferdinand “Bongbong” Marcos Jr. has expressed support to the controversial proposed bill at the House of Representatives that seeks the establishment of the Maharlika...
PRESIDENT Ferdinand “Bongbong” Marcos Jr. has expressed support to the controversial proposed bill at the House of Representatives that seeks the establishment of the Maharlika Wealth Fund.
In November, House Speaker Martin Romualdez, Marcos’ cousin, filed House Bill 6398 that seeks the creation of SWF, saying it will maximize the profitability of investible government assets for the benefit of all Filipinos. Romualdez said the bill is aimed at achieving the objectives of the Agenda for Prosperity and the eight-point socioeconomic roadmap of Marcos.
Last week, Quimbo said they have decided to no longer compel GSIS and SSS to serve as mandatory contributors to the SWF to allay fears of pensioners.
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