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Senators, experts air concern on Maharlika | Butch Fernandez and Cai U Ordinario

THE proposed Maharlika Investment Fund (MIF) encountered much opposition at the Senate on Wednesday as minority senators and local economists expressed their misgivings on the creation of the proposed sovereign wealth fund. The Senate minority exposed what it called serious gaps in the bill creating the MIF, with Minority Leader…

Groups renew Maharlika objections

The Foundation for Economic Freedom, Management Association of the Philippines and University of the Philippines School of Economics Alumni Association aired their opposition anew to the proposed Maharlika Investment Fund, calling on the Senate to consider its impact on the independence of the Bangko Sentral ng Pilipinas and government intervention in the economy.

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